Follow the dollars · Assumption only
A complete cash picture for Dec 20, 2026
Your down payment$2,406Cash toward the purchase price.
Closing costs + prepaids$14,749Not just lender fees.
Before credits & paid funds$17,155The complete starting cash picture.
Estimated remaining funds due at closing
$17,155No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$2,406.40
Your down payment$2,406.40
Closing costs + prepaids$14,749.01
Total buyer cash needed$17,155.42
Remaining funds due$17,155.42
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%)$5,050.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$2,512.97
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$606.00
Initial HOA (3 months)$38.01
Prepaid interest, first (12 days)$1,074.04
Fees + prepaids$14,749.01
Your down payment is the seller’s equity. You take over the $502,594 balance, so the rest of the $505,000 price is paid at closing. A second mortgage can cover part of it. $17,155.42 is due at closing. Uses and sources reconcile at $519,749.01 each. Not a Closing Disclosure.