Follow the dollars · Assumption only
A complete cash picture for Dec 9, 2026
Your down payment$12,262Cash toward the purchase price.
Closing costs + prepaids$40,753Not just lender fees.
Before credits & paid funds$53,015The complete starting cash picture.
Estimated remaining funds due at closing
$53,015No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$12,261.91
Your down payment$12,261.91
Closing costs + prepaids$40,753.23
Total buyer cash needed$53,015.15
Remaining funds due$53,015.15
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%)$15,990.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$7,933.69
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$3,621.25
Initial HOA (3 months)$41.25
Prepaid interest, first (23 days)$6,949.04
Fees + prepaids$40,753.23
Your down payment is the seller’s equity. You take over the $1,586,738 balance, so the rest of the $1,599,000 price is paid at closing. A second mortgage can cover part of it. $53,015.15 is due at closing. Uses and sources reconcile at $1,639,753.23 each. Not a Closing Disclosure.