Follow the dollars · Assumption only
A complete cash picture for Dec 22, 2026
Your down payment$55,223Cash toward the purchase price.
Closing costs + prepaids$14,367Not just lender fees.
Before credits & paid funds$69,589The complete starting cash picture.
Estimated remaining funds due at closing
$69,589No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$55,222.69
Your down payment$55,222.69
Closing costs + prepaids$14,366.56
Total buyer cash needed$69,589.25
Remaining funds due$69,589.25
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%)$4,949.95
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$2,198.86
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$594.00
Initial HOA (3 months)$375.00
Prepaid interest, first (10 days)$780.75
Fees + prepaids$14,366.56
Your down payment is the seller’s equity. You take over the $439,772 balance, so the rest of the $494,995 price is paid at closing. A second mortgage can cover part of it. $69,589.25 is due at closing. Uses and sources reconcile at $509,361.56 each. Not a Closing Disclosure.