Follow the dollars · Assumption only
A complete cash picture for Dec 20, 2026
Your down payment$244,390Cash toward the purchase price.
Closing costs + prepaids$15,620Not just lender fees.
Before credits & paid funds$260,010The complete starting cash picture.
Estimated remaining funds due at closing
$260,010No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$244,389.52
Your down payment$244,389.52
Closing costs + prepaids$15,620.05
Total buyer cash needed$260,009.57
Remaining funds due$260,009.57
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%)$6,600.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$2,078.05
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$792.00
Initial HOA (3 months)$255.00
Prepaid interest, first (12 days)$427.00
Fees + prepaids$15,620.05
Your down payment is the seller’s equity. You take over the $415,610 balance, so the rest of the $660,000 price is paid at closing. A second mortgage can cover part of it. $260,009.57 is due at closing. Uses and sources reconcile at $675,620.05 each. Not a Closing Disclosure.