Follow the dollars · Assumption only
A complete cash picture for Dec 10, 2026
Your down payment$10,420Cash toward the purchase price.
Closing costs + prepaids$15,570Not just lender fees.
Before credits & paid funds$25,991The complete starting cash picture.
Estimated remaining funds due at closing
$25,991No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$10,420.47
Your down payment$10,420.47
Closing costs + prepaids$15,570.17
Total buyer cash needed$25,990.64
Remaining funds due$25,990.64
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%)$4,900.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$2,397.90
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$582.25
Initial HOA (3 months)$135.00
Prepaid interest, first (22 days)$2,087.03
Fees + prepaids$15,570.17
Your down payment is the seller’s equity. You take over the $479,580 balance, so the rest of the $490,000 price is paid at closing. A second mortgage can cover part of it. $25,990.64 is due at closing. Uses and sources reconcile at $505,570.17 each. Not a Closing Disclosure.