Follow the dollars · Assumption only
A complete cash picture for Dec 6, 2026
Your down payment$23,476Cash toward the purchase price.
Closing costs + prepaids$16,725Not just lender fees.
Before credits & paid funds$40,201The complete starting cash picture.
Estimated remaining funds due at closing
$40,201No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$23,476.21
Your down payment$23,476.21
Closing costs + prepaids$16,725.01
Total buyer cash needed$40,201.23
Remaining funds due$40,201.23
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%)$5,400.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$2,582.62
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$606.25
Initial HOA (3 months)$162.51
Prepaid interest, first (26 days)$2,505.64
Fees + prepaids$16,725.01
Your down payment is the seller’s equity. You take over the $516,524 balance, so the rest of the $540,000 price is paid at closing. A second mortgage can cover part of it. $40,201.23 is due at closing. Uses and sources reconcile at $556,725.01 each. Not a Closing Disclosure.