Follow the dollars · Assumption only
A complete cash picture for Dec 8, 2026
Your down payment$60,961Cash toward the purchase price.
Closing costs + prepaids$16,009Not just lender fees.
Before credits & paid funds$76,969The complete starting cash picture.
Estimated remaining funds due at closing
$76,969No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$60,960.80
Your down payment$60,960.80
Closing costs + prepaids$16,008.58
Total buyer cash needed$76,969.38
Remaining funds due$76,969.38
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%)$4,900.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$2,145.20
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$1,225.00
Initial HOA (3 months)$1,362.00
Prepaid interest, first (24 days)$908.39
Fees + prepaids$16,008.58
Your down payment is the seller’s equity. You take over the $429,039 balance, so the rest of the $490,000 price is paid at closing. A second mortgage can cover part of it. $76,969.38 is due at closing. Uses and sources reconcile at $506,008.58 each. Not a Closing Disclosure.