Follow the dollars · Assumption only
A complete cash picture for Dec 23, 2026
Your down payment$7,266Cash toward the purchase price.
Closing costs + prepaids$16,273Not just lender fees.
Before credits & paid funds$23,539The complete starting cash picture.
Estimated remaining funds due at closing
$23,539No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$7,266.23
Your down payment$7,266.23
Closing costs + prepaids$16,273.15
Total buyer cash needed$23,539.39
Remaining funds due$23,539.39
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%)$5,900.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$2,913.67
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$708.00
Initial HOA (3 months)$384.00
Prepaid interest, first (9 days)$899.49
Fees + prepaids$16,273.15
Your down payment is the seller’s equity. You take over the $582,734 balance, so the rest of the $590,000 price is paid at closing. A second mortgage can cover part of it. $23,539.39 is due at closing. Uses and sources reconcile at $606,273.15 each. Not a Closing Disclosure.