Follow the dollars · Assumption only
A complete cash picture for Dec 5, 2026
Your down payment$71,048Cash toward the purchase price.
Closing costs + prepaids$17,594Not just lender fees.
Before credits & paid funds$88,642The complete starting cash picture.
Estimated remaining funds due at closing
$88,642No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$71,048.24
Your down payment$71,048.24
Closing costs + prepaids$17,593.64
Total buyer cash needed$88,641.88
Remaining funds due$88,641.88
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%)$5,855.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$2,572.26
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$1,078.25
Initial HOA (3 months)$1,155.00
Prepaid interest, first (27 days)$1,465.13
Fees + prepaids$17,593.64
Your down payment is the seller’s equity. You take over the $514,452 balance, so the rest of the $585,500 price is paid at closing. A second mortgage can cover part of it. $88,641.88 is due at closing. Uses and sources reconcile at $603,093.64 each. Not a Closing Disclosure.