Follow the dollars · Assumption only
A complete cash picture for Dec 1, 2026
Your down payment$395,851Cash toward the purchase price.
Closing costs + prepaids$12,292Not just lender fees.
Before credits & paid funds$408,143The complete starting cash picture.
Estimated remaining funds due at closing
$408,143No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$395,850.60
Your down payment$395,850.60
Closing costs + prepaids$12,292.09
Total buyer cash needed$408,142.70
Remaining funds due$408,142.70
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%)$5,400.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$720.75
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$350.75
Prepaid interest, first (31 days)$352.59
Fees + prepaids$12,292.09
Your down payment is the seller’s equity. You take over the $144,149 balance, so the rest of the $540,000 price is paid at closing. A second mortgage can cover part of it. $408,142.70 is due at closing. Uses and sources reconcile at $552,292.09 each. Not a Closing Disclosure.