Follow the dollars · Assumption only
A complete cash picture for Dec 1, 2026
Your down payment$7,643Cash toward the purchase price.
Closing costs + prepaids$16,155Not just lender fees.
Before credits & paid funds$23,797The complete starting cash picture.
Estimated remaining funds due at closing
$23,797No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$7,642.64
Your down payment$7,642.64
Closing costs + prepaids$16,154.59
Total buyer cash needed$23,797.24
Remaining funds due$23,797.24
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%)$5,000.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$2,461.79
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$398.00
Prepaid interest, first (31 days)$2,826.81
Fees + prepaids$16,154.59
Your down payment is the seller’s equity. You take over the $492,357 balance, so the rest of the $500,000 price is paid at closing. A second mortgage can cover part of it. $23,797.24 is due at closing. Uses and sources reconcile at $516,154.59 each. Not a Closing Disclosure.