Follow the dollars · Assumption only
A complete cash picture for Dec 20, 2026
Your down payment$140,042Cash toward the purchase price.
Closing costs + prepaids$14,227Not just lender fees.
Before credits & paid funds$154,269The complete starting cash picture.
Estimated remaining funds due at closing
$154,269No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$140,041.87
Your down payment$140,041.87
Closing costs + prepaids$14,227.09
Total buyer cash needed$154,268.96
Remaining funds due$154,268.96
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%)$2,049.79
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)$180.00
Prepaid interest, first (12 days)$369.30
Fees + prepaids$14,227.09
Your down payment is the seller’s equity. You take over the $409,958 balance, so the rest of the $550,000 price is paid at closing. A second mortgage can cover part of it. $154,268.96 is due at closing. Uses and sources reconcile at $564,227.09 each. Not a Closing Disclosure.