Follow the dollars · Assumption only
A complete cash picture for Dec 5, 2026
Your down payment$55,149Cash toward the purchase price.
Closing costs + prepaids$14,489Not just lender fees.
Before credits & paid funds$69,638The complete starting cash picture.
Estimated remaining funds due at closing
$69,638No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$55,149.43
Your down payment$55,149.43
Closing costs + prepaids$14,488.76
Total buyer cash needed$69,638.18
Remaining funds due$69,638.18
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%)$4,625.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$2,036.75
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$316.00
Prepaid interest, first (27 days)$2,043.00
Fees + prepaids$14,488.76
Your down payment is the seller’s equity. You take over the $407,351 balance, so the rest of the $462,500 price is paid at closing. A second mortgage can cover part of it. $69,638.18 is due at closing. Uses and sources reconcile at $476,988.76 each. Not a Closing Disclosure.