Follow the dollars · Assumption only
A complete cash picture for Dec 1, 2026
Your down payment$53,233Cash toward the purchase price.
Closing costs + prepaids$16,750Not just lender fees.
Before credits & paid funds$69,983The complete starting cash picture.
Estimated remaining funds due at closing
$69,983No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$53,233.36
Your down payment$53,233.36
Closing costs + prepaids$16,749.74
Total buyer cash needed$69,983.10
Remaining funds due$69,983.10
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%)$5,550.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$2,508.83
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$475.50
Initial HOA (3 months)$297.00
Prepaid interest, first (31 days)$2,450.41
Fees + prepaids$16,749.74
Your down payment is the seller’s equity. You take over the $501,767 balance, so the rest of the $555,000 price is paid at closing. A second mortgage can cover part of it. $69,983.10 is due at closing. Uses and sources reconcile at $571,749.74 each. Not a Closing Disclosure.