Follow the dollars · Assumption only
A complete cash picture for Dec 2, 2026
Your down payment$270,587Cash toward the purchase price.
Closing costs + prepaids$14,495Not just lender fees.
Before credits & paid funds$285,083The complete starting cash picture.
Estimated remaining funds due at closing
$285,083No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$270,587.15
Your down payment$270,587.15
Closing costs + prepaids$14,495.40
Total buyer cash needed$285,082.55
Remaining funds due$285,082.55
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%)$1,572.06
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$786.50
Initial HOA (3 months)$72.00
Prepaid interest, first (30 days)$746.84
Fees + prepaids$14,495.40
Your down payment is the seller’s equity. You take over the $314,413 balance, so the rest of the $585,000 price is paid at closing. A second mortgage can cover part of it. $285,082.55 is due at closing. Uses and sources reconcile at $599,495.40 each. Not a Closing Disclosure.