Follow the dollars · Assumption only
A complete cash picture for Dec 1, 2026
Your down payment$65,260Cash toward the purchase price.
Closing costs + prepaids$15,995Not just lender fees.
Before credits & paid funds$81,256The complete starting cash picture.
Estimated remaining funds due at closing
$81,256No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$65,260.24
Your down payment$65,260.24
Closing costs + prepaids$15,995.31
Total buyer cash needed$81,255.56
Remaining funds due$81,255.56
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%)$4,880.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$2,113.70
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$711.50
Initial HOA (3 months)$395.01
Prepaid interest, first (31 days)$2,427.11
Fees + prepaids$15,995.31
Your down payment is the seller’s equity. You take over the $422,740 balance, so the rest of the $488,000 price is paid at closing. A second mortgage can cover part of it. $81,255.56 is due at closing. Uses and sources reconcile at $503,995.31 each. Not a Closing Disclosure.