Follow the dollars · Assumption only
A complete cash picture for Dec 20, 2026
Your down payment$231,215Cash toward the purchase price.
Closing costs + prepaids$14,036Not just lender fees.
Before credits & paid funds$245,251The complete starting cash picture.
Estimated remaining funds due at closing
$245,251No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$231,215.26
Your down payment$231,215.26
Closing costs + prepaids$14,035.68
Total buyer cash needed$245,250.94
Remaining funds due$245,250.94
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%)$5,750.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,718.92
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$690.00
Initial HOA (3 months)$54.99
Prepaid interest, first (12 days)$353.77
Fees + prepaids$14,035.68
Your down payment is the seller’s equity. You take over the $343,785 balance, so the rest of the $575,000 price is paid at closing. A second mortgage can cover part of it. $245,250.94 is due at closing. Uses and sources reconcile at $589,035.68 each. Not a Closing Disclosure.