Follow the dollars · Assumption only
A complete cash picture for Dec 12, 2026
Your down payment$47,606Cash toward the purchase price.
Closing costs + prepaids$16,017Not just lender fees.
Before credits & paid funds$63,622The complete starting cash picture.
Estimated remaining funds due at closing
$63,622No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$47,605.62
Your down payment$47,605.62
Closing costs + prepaids$16,016.70
Total buyer cash needed$63,622.32
Remaining funds due$63,622.32
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%)$5,475.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$2,499.47
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$422.50
Initial HOA (3 months)$474.00
Prepaid interest, first (20 days)$1,677.73
Fees + prepaids$16,016.70
Your down payment is the seller’s equity. You take over the $499,894 balance, so the rest of the $547,500 price is paid at closing. A second mortgage can cover part of it. $63,622.32 is due at closing. Uses and sources reconcile at $563,516.70 each. Not a Closing Disclosure.