Follow the dollars · Assumption only
A complete cash picture for Dec 1, 2026
Your down payment$43,707Cash toward the purchase price.
Closing costs + prepaids$18,618Not just lender fees.
Before credits & paid funds$62,326The complete starting cash picture.
Estimated remaining funds due at closing
$62,326No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$43,707.26
Your down payment$43,707.26
Closing costs + prepaids$18,618.45
Total buyer cash needed$62,325.71
Remaining funds due$62,325.71
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%)$5,850.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$2,706.46
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$749.75
Initial HOA (3 months)$525.00
Prepaid interest, first (31 days)$3,319.24
Fees + prepaids$18,618.45
Your down payment is the seller’s equity. You take over the $541,293 balance, so the rest of the $585,000 price is paid at closing. A second mortgage can cover part of it. $62,325.71 is due at closing. Uses and sources reconcile at $603,618.45 each. Not a Closing Disclosure.