Follow the dollars · Assumption only
A complete cash picture for Dec 7, 2026
Your down payment$60,426Cash toward the purchase price.
Closing costs + prepaids$14,986Not just lender fees.
Before credits & paid funds$75,412The complete starting cash picture.
Estimated remaining funds due at closing
$75,412No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$60,425.86
Your down payment$60,425.86
Closing costs + prepaids$14,985.85
Total buyer cash needed$75,411.71
Remaining funds due$75,411.71
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%)$4,950.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$2,172.87
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$394.75
Prepaid interest, first (25 days)$2,000.23
Fees + prepaids$14,985.85
Your down payment is the seller’s equity. You take over the $434,574 balance, so the rest of the $495,000 price is paid at closing. A second mortgage can cover part of it. $75,411.71 is due at closing. Uses and sources reconcile at $509,985.85 each. Not a Closing Disclosure.