Follow the dollars · Assumption only
A complete cash picture for Dec 5, 2026
Your down payment$7,899Cash toward the purchase price.
Closing costs + prepaids$16,824Not just lender fees.
Before credits & paid funds$24,722The complete starting cash picture.
Estimated remaining funds due at closing
$24,722No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$7,898.83
Your down payment$7,898.83
Closing costs + prepaids$16,823.54
Total buyer cash needed$24,722.37
Remaining funds due$24,722.37
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%)$2,710.51
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$724.75
Initial HOA (3 months)$315.00
Prepaid interest, first (27 days)$2,105.28
Fees + prepaids$16,823.54
Your down payment is the seller’s equity. You take over the $542,101 balance, so the rest of the $550,000 price is paid at closing. A second mortgage can cover part of it. $24,722.37 is due at closing. Uses and sources reconcile at $566,823.54 each. Not a Closing Disclosure.