Follow the dollars · Assumption only
A complete cash picture for Dec 7, 2026
Your down payment$106,481Cash toward the purchase price.
Closing costs + prepaids$16,106Not just lender fees.
Before credits & paid funds$122,587The complete starting cash picture.
Estimated remaining funds due at closing
$122,587No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$106,481.42
Your down payment$106,481.42
Closing costs + prepaids$16,105.59
Total buyer cash needed$122,587.01
Remaining funds due$122,587.01
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%)$5,000.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,967.59
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$1,735.50
Initial HOA (3 months)$258.00
Prepaid interest, first (25 days)$1,676.50
Fees + prepaids$16,105.59
Your down payment is the seller’s equity. You take over the $393,519 balance, so the rest of the $500,000 price is paid at closing. A second mortgage can cover part of it. $122,587.01 is due at closing. Uses and sources reconcile at $516,105.59 each. Not a Closing Disclosure.