Follow the dollars · Assumption only
A complete cash picture for Nov 30, 2026
Your down payment$40,834Cash toward the purchase price.
Closing costs + prepaids$14,580Not just lender fees.
Before credits & paid funds$55,414The complete starting cash picture.
Estimated remaining funds due at closing
$55,414No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$40,833.90
Your down payment$40,833.90
Closing costs + prepaids$14,579.93
Total buyer cash needed$55,413.83
Remaining funds due$55,413.83
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%)$5,575.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$2,583.33
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$669.00
Initial HOA (3 months)$195.00
Prepaid interest, first (1 days)$89.60
Fees + prepaids$14,579.93
Your down payment is the seller’s equity. You take over the $516,666 balance, so the rest of the $557,500 price is paid at closing. A second mortgage can cover part of it. $55,413.83 is due at closing. Uses and sources reconcile at $572,079.93 each. Not a Closing Disclosure.