Follow the dollars · Assumption only
A complete cash picture for Dec 20, 2026
Your down payment$23,580Cash toward the purchase price.
Closing costs + prepaids$14,260Not just lender fees.
Before credits & paid funds$37,840The complete starting cash picture.
Estimated remaining funds due at closing
$37,840No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$23,580.00
Your down payment$23,580.00
Closing costs + prepaids$14,260.39
Total buyer cash needed$37,840.39
Remaining funds due$37,840.39
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%)$4,850.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$2,307.10
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$582.00
Initial HOA (3 months)$68.76
Prepaid interest, first (12 days)$984.53
Fees + prepaids$14,260.39
Your down payment is the seller’s equity. You take over the $461,420 balance, so the rest of the $485,000 price is paid at closing. A second mortgage can cover part of it. $37,840.39 is due at closing. Uses and sources reconcile at $499,260.39 each. Not a Closing Disclosure.