Follow the dollars · Assumption only
A complete cash picture for Dec 1, 2026
Your down payment$51,970Cash toward the purchase price.
Closing costs + prepaids$18,247Not just lender fees.
Before credits & paid funds$70,218The complete starting cash picture.
Estimated remaining funds due at closing
$70,218No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$51,970.24
Your down payment$51,970.24
Closing costs + prepaids$18,247.45
Total buyer cash needed$70,217.68
Remaining funds due$70,217.68
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%)$5,890.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$2,685.15
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$627.00
Initial HOA (3 months)$494.01
Prepaid interest, first (31 days)$3,083.29
Fees + prepaids$18,247.45
Your down payment is the seller’s equity. You take over the $537,030 balance, so the rest of the $589,000 price is paid at closing. A second mortgage can cover part of it. $70,217.68 is due at closing. Uses and sources reconcile at $607,247.45 each. Not a Closing Disclosure.