Follow the dollars · Assumption only
A complete cash picture for Dec 8, 2026
Your down payment$51,704Cash toward the purchase price.
Closing costs + prepaids$14,357Not just lender fees.
Before credits & paid funds$66,061The complete starting cash picture.
Estimated remaining funds due at closing
$66,061No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$51,703.97
Your down payment$51,703.97
Closing costs + prepaids$14,356.90
Total buyer cash needed$66,060.88
Remaining funds due$66,060.88
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%)$4,800.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$2,141.48
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$100.00
Prepaid interest, first (24 days)$1,847.42
Fees + prepaids$14,356.90
Your down payment is the seller’s equity. You take over the $428,296 balance, so the rest of the $480,000 price is paid at closing. A second mortgage can cover part of it. $66,060.88 is due at closing. Uses and sources reconcile at $494,356.90 each. Not a Closing Disclosure.