Follow the dollars · Assumption only
A complete cash picture for Nov 30, 2026
Your down payment$240,111Cash toward the purchase price.
Closing costs + prepaids$15,601Not just lender fees.
Before credits & paid funds$255,712The complete starting cash picture.
Estimated remaining funds due at closing
$255,712No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$240,111.12
Your down payment$240,111.12
Closing costs + prepaids$15,601.21
Total buyer cash needed$255,712.33
Remaining funds due$255,712.33
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%)$5,950.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,774.44
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$1,487.50
Initial HOA (3 months)$885.00
Prepaid interest, first (1 days)$36.27
Fees + prepaids$15,601.21
Your down payment is the seller’s equity. You take over the $354,889 balance, so the rest of the $595,000 price is paid at closing. A second mortgage can cover part of it. $255,712.33 is due at closing. Uses and sources reconcile at $610,601.21 each. Not a Closing Disclosure.