Follow the dollars · Assumption only
A complete cash picture for Dec 5, 2026
Your down payment$79,950Cash toward the purchase price.
Closing costs + prepaids$17,449Not just lender fees.
Before credits & paid funds$97,399The complete starting cash picture.
Estimated remaining funds due at closing
$97,399No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$79,950.12
Your down payment$79,950.12
Closing costs + prepaids$17,448.80
Total buyer cash needed$97,398.92
Remaining funds due$97,398.92
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%)$5,500.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$2,350.25
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$495.50
Initial HOA (3 months)$1,215.00
Prepaid interest, first (27 days)$2,420.05
Fees + prepaids$17,448.80
Your down payment is the seller’s equity. You take over the $470,050 balance, so the rest of the $550,000 price is paid at closing. A second mortgage can cover part of it. $97,398.92 is due at closing. Uses and sources reconcile at $567,448.80 each. Not a Closing Disclosure.