Follow the dollars · Assumption only
A complete cash picture for Dec 4, 2026
Your down payment$60,391Cash toward the purchase price.
Closing costs + prepaids$15,988Not just lender fees.
Before credits & paid funds$76,379The complete starting cash picture.
Estimated remaining funds due at closing
$76,379No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$60,391.15
Your down payment$60,391.15
Closing costs + prepaids$15,988.04
Total buyer cash needed$76,379.19
Remaining funds due$76,379.19
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%)$5,500.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$2,448.04
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$187.00
Prepaid interest, first (28 days)$2,385.00
Fees + prepaids$15,988.04
Your down payment is the seller’s equity. You take over the $489,609 balance, so the rest of the $550,000 price is paid at closing. A second mortgage can cover part of it. $76,379.19 is due at closing. Uses and sources reconcile at $565,988.04 each. Not a Closing Disclosure.