Follow the dollars · Assumption only
A complete cash picture for Dec 22, 2026
Your down payment$70,062Cash toward the purchase price.
Closing costs + prepaids$15,621Not just lender fees.
Before credits & paid funds$85,682The complete starting cash picture.
Estimated remaining funds due at closing
$85,682No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$70,061.69
Your down payment$70,061.69
Closing costs + prepaids$15,620.54
Total buyer cash needed$85,682.23
Remaining funds due$85,682.23
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%)$5,890.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$2,594.69
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$706.75
Prepaid interest, first (10 days)$961.10
Fees + prepaids$15,620.54
Your down payment is the seller’s equity. You take over the $518,938 balance, so the rest of the $589,000 price is paid at closing. A second mortgage can cover part of it. $85,682.23 is due at closing. Uses and sources reconcile at $604,620.54 each. Not a Closing Disclosure.