Follow the dollars · Assumption only
A complete cash picture for Dec 20, 2026
Your down payment$25,700Cash toward the purchase price.
Closing costs + prepaids$14,961Not just lender fees.
Before credits & paid funds$40,661The complete starting cash picture.
Estimated remaining funds due at closing
$40,661No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$25,700.50
Your down payment$25,700.50
Closing costs + prepaids$14,960.91
Total buyer cash needed$40,661.41
Remaining funds due$40,661.41
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%)$5,350.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$2,546.50
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$642.00
Prepaid interest, first (12 days)$954.41
Fees + prepaids$14,960.91
Your down payment is the seller’s equity. You take over the $509,300 balance, so the rest of the $535,000 price is paid at closing. A second mortgage can cover part of it. $40,661.41 is due at closing. Uses and sources reconcile at $549,960.91 each. Not a Closing Disclosure.