Follow the dollars · Assumption only
A complete cash picture for Dec 1, 2026
Your down payment$88,131Cash toward the purchase price.
Closing costs + prepaids$17,110Not just lender fees.
Before credits & paid funds$105,240The complete starting cash picture.
Estimated remaining funds due at closing
$105,240No 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$17,109.71
Total buyer cash needed$105,240.37
Remaining funds due$105,240.37
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)$370.25
Prepaid interest, first (31 days)$2,937.11
Fees + prepaids$17,109.71
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. $105,240.37 is due at closing. Uses and sources reconcile at $602,109.71 each. Not a Closing Disclosure.