Follow the dollars · Assumption only
A complete cash picture for Dec 22, 2026
Your down payment$88,131Cash toward the purchase price.
Closing costs + prepaids$15,452Not just lender fees.
Before credits & paid funds$103,582The complete starting cash picture.
Estimated remaining funds due at closing
$103,582No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$88,130.66
Your down payment$88,130.66
Closing costs + prepaids$15,451.80
Total buyer cash needed$103,582.46
Remaining funds due$103,582.46
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%)$5,850.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$2,484.35
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$702.00
Prepaid interest, first (10 days)$947.45
Fees + prepaids$15,451.80
Your down payment is the seller’s equity. You take over the $496,869 balance, so the rest of the $585,000 price is paid at closing. A second mortgage can cover part of it. $103,582.46 is due at closing. Uses and sources reconcile at $600,451.80 each. Not a Closing Disclosure.