Follow the dollars · Assumption only
A complete cash picture for Dec 7, 2026
Your down payment$50,164Cash toward the purchase price.
Closing costs + prepaids$10,911Not just lender fees.
Before credits & paid funds$61,076The complete starting cash picture.
Estimated remaining funds due at closing
$61,076No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$50,164.43
Your down payment$50,164.43
Closing costs + prepaids$10,911.26
Total buyer cash needed$61,075.69
Remaining funds due$61,075.69
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%)$2,750.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,124.18
Home insurance (12 months up front)$1,800.00
Insurance escrow (3 months)$450.00
Property tax escrow (3 months)$375.00
Initial HOA (3 months)$420.00
Prepaid interest, first (25 days)$1,024.08
Fees + prepaids$10,911.26
Your down payment is the seller’s equity. You take over the $224,836 balance, so the rest of the $275,000 price is paid at closing. A second mortgage can cover part of it. $61,075.69 is due at closing. Uses and sources reconcile at $285,911.26 each. Not a Closing Disclosure.