Follow the dollars · Assumption only
A complete cash picture for Dec 23, 2026
Your down payment$114,024Cash toward the purchase price.
Closing costs + prepaids$14,919Not just lender fees.
Before credits & paid funds$128,943The complete starting cash picture.
Estimated remaining funds due at closing
$128,943No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$114,023.97
Your down payment$114,023.97
Closing costs + prepaids$14,919.34
Total buyer cash needed$128,943.31
Remaining funds due$128,943.31
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%)$5,500.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$2,179.88
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$660.00
Initial HOA (3 months)$417.00
Prepaid interest, first (9 days)$694.46
Fees + prepaids$14,919.34
Your down payment is the seller’s equity. You take over the $435,976 balance, so the rest of the $550,000 price is paid at closing. A second mortgage can cover part of it. $128,943.31 is due at closing. Uses and sources reconcile at $564,919.34 each. Not a Closing Disclosure.