Follow the dollars · Assumption only
A complete cash picture for Dec 15, 2026
Your down payment$2,660Cash toward the purchase price.
Closing costs + prepaids$13,439Not just lender fees.
Before credits & paid funds$16,099The complete starting cash picture.
Estimated remaining funds due at closing
$16,099No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$2,659.85
Your down payment$2,659.85
Closing costs + prepaids$13,438.73
Total buyer cash needed$16,098.58
Remaining funds due$16,098.58
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%)$4,070.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$2,021.70
Home insurance (12 months up front)$1,800.00
Insurance escrow (3 months)$450.00
Property tax escrow (3 months)$488.50
Initial HOA (3 months)$375.00
Prepaid interest, first (17 days)$1,265.53
Fees + prepaids$13,438.73
Your down payment is the seller’s equity. You take over the $404,340 balance, so the rest of the $407,000 price is paid at closing. A second mortgage can cover part of it. $16,098.58 is due at closing. Uses and sources reconcile at $420,438.73 each. Not a Closing Disclosure.