Follow the dollars · Assumption only
A complete cash picture for Dec 6, 2026
Your down payment$130,344Cash toward the purchase price.
Closing costs + prepaids$16,657Not just lender fees.
Before credits & paid funds$147,001The complete starting cash picture.
Estimated remaining funds due at closing
$147,001No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$130,344.26
Your down payment$130,344.26
Closing costs + prepaids$16,656.83
Total buyer cash needed$147,001.08
Remaining funds due$147,001.08
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$763.00
Credit report$200.00
Tax service$80.00
UMe assumption specialist (1%)$5,850.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$2,273.28
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$941.00
Prepaid interest, first (26 days)$2,124.55
Fees + prepaids$16,656.83
Your down payment is the seller’s equity. You take over the $454,656 balance, so the rest of the $585,000 price is paid at closing. A second mortgage can cover part of it. $147,001.08 is due at closing. Uses and sources reconcile at $601,656.83 each. Not a Closing Disclosure.