Follow the dollars · Assumption only
A complete cash picture for Dec 10, 2026
Your down payment$37,532Cash toward the purchase price.
Closing costs + prepaids$15,899Not just lender fees.
Before credits & paid funds$53,431The complete starting cash picture.
Estimated remaining funds due at closing
$53,431No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$37,531.76
Your down payment$37,531.76
Closing costs + prepaids$15,899.07
Total buyer cash needed$53,430.83
Remaining funds due$53,430.83
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%)$4,850.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$2,237.34
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$1,548.00
Initial HOA (3 months)$75.00
Prepaid interest, first (22 days)$1,720.73
Fees + prepaids$15,899.07
Your down payment is the seller’s equity. You take over the $447,468 balance, so the rest of the $485,000 price is paid at closing. A second mortgage can cover part of it. $53,430.83 is due at closing. Uses and sources reconcile at $500,899.07 each. Not a Closing Disclosure.