Follow the dollars · Assumption only
A complete cash picture for Dec 5, 2026
Your down payment$22,249Cash toward the purchase price.
Closing costs + prepaids$14,160Not just lender fees.
Before credits & paid funds$36,409The complete starting cash picture.
Estimated remaining funds due at closing
$36,409No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$22,248.79
Your down payment$22,248.79
Closing costs + prepaids$14,160.18
Total buyer cash needed$36,408.97
Remaining funds due$36,408.97
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%)$4,245.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$2,011.26
Home insurance (12 months up front)$1,800.00
Insurance escrow (3 months)$450.00
Property tax escrow (3 months)$380.50
Initial HOA (3 months)$288.00
Prepaid interest, first (27 days)$2,017.43
Fees + prepaids$14,160.18
Your down payment is the seller’s equity. You take over the $402,251 balance, so the rest of the $424,500 price is paid at closing. A second mortgage can cover part of it. $36,408.97 is due at closing. Uses and sources reconcile at $438,660.18 each. Not a Closing Disclosure.