Follow the dollars · Assumption only
A complete cash picture for Dec 20, 2026
Your down payment$248,330Cash toward the purchase price.
Closing costs + prepaids$14,021Not just lender fees.
Before credits & paid funds$262,351The complete starting cash picture.
Estimated remaining funds due at closing
$262,351No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$248,330.48
Your down payment$248,330.48
Closing costs + prepaids$14,021.02
Total buyer cash needed$262,351.50
Remaining funds due$262,351.50
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%)$5,850.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,683.35
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$702.00
Prepaid interest, first (12 days)$317.67
Fees + prepaids$14,021.02
Your down payment is the seller’s equity. You take over the $336,670 balance, so the rest of the $585,000 price is paid at closing. A second mortgage can cover part of it. $262,351.50 is due at closing. Uses and sources reconcile at $599,021.02 each. Not a Closing Disclosure.