Follow the dollars · Assumption only
A complete cash picture for Dec 20, 2026
Your down payment$290,888Cash toward the purchase price.
Closing costs + prepaids$13,468Not just lender fees.
Before credits & paid funds$304,356The complete starting cash picture.
Estimated remaining funds due at closing
$304,356No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$290,887.61
Your down payment$290,887.61
Closing costs + prepaids$13,468.05
Total buyer cash needed$304,355.66
Remaining funds due$304,355.66
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%)$1,295.56
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)$300.00
Prepaid interest, first (12 days)$244.49
Fees + prepaids$13,468.05
Your down payment is the seller’s equity. You take over the $259,112 balance, so the rest of the $550,000 price is paid at closing. A second mortgage can cover part of it. $304,355.66 is due at closing. Uses and sources reconcile at $563,468.05 each. Not a Closing Disclosure.