Follow the dollars · Assumption only
A complete cash picture for Dec 15, 2026
Your down payment$71,048Cash toward the purchase price.
Closing costs + prepaids$16,705Not just lender fees.
Before credits & paid funds$87,753The complete starting cash picture.
Estimated remaining funds due at closing
$87,753No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$71,048.24
Your down payment$71,048.24
Closing costs + prepaids$16,704.75
Total buyer cash needed$87,752.99
Remaining funds due$87,752.99
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%)$5,855.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$2,572.26
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$732.00
Initial HOA (3 months)$1,155.00
Prepaid interest, first (17 days)$922.49
Fees + prepaids$16,704.75
Your down payment is the seller’s equity. You take over the $514,452 balance, so the rest of the $585,500 price is paid at closing. A second mortgage can cover part of it. $87,752.99 is due at closing. Uses and sources reconcile at $602,204.75 each. Not a Closing Disclosure.