Follow the dollars · Assumption only
A complete cash picture for Dec 8, 2026
Your down payment$56,998Cash toward the purchase price.
Closing costs + prepaids$16,332Not just lender fees.
Before credits & paid funds$73,329The complete starting cash picture.
Estimated remaining funds due at closing
$73,329No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$56,997.63
Your down payment$56,997.63
Closing costs + prepaids$16,331.52
Total buyer cash needed$73,329.14
Remaining funds due$73,329.14
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%)$2,465.01
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$665.00
Prepaid interest, first (24 days)$2,233.50
Fees + prepaids$16,331.52
Your down payment is the seller’s equity. You take over the $493,002 balance, so the rest of the $550,000 price is paid at closing. A second mortgage can cover part of it. $73,329.14 is due at closing. Uses and sources reconcile at $566,331.52 each. Not a Closing Disclosure.