Follow the dollars · Assumption only
A complete cash picture for Dec 14, 2026
Your down payment$55,820Cash toward the purchase price.
Closing costs + prepaids$14,366Not just lender fees.
Before credits & paid funds$70,186The complete starting cash picture.
Estimated remaining funds due at closing
$70,186No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$55,819.92
Your down payment$55,819.92
Closing costs + prepaids$14,365.91
Total buyer cash needed$70,185.83
Remaining funds due$70,185.83
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%)$4,890.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$2,165.90
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$1,222.50
Prepaid interest, first (18 days)$619.51
Fees + prepaids$14,365.91
Your down payment is the seller’s equity. You take over the $433,180 balance, so the rest of the $489,000 price is paid at closing. A second mortgage can cover part of it. $70,185.83 is due at closing. Uses and sources reconcile at $503,365.91 each. Not a Closing Disclosure.