Follow the dollars · Assumption only
A complete cash picture for Dec 2, 2026
Your down payment$262,949Cash toward the purchase price.
Closing costs + prepaids$16,149Not just lender fees.
Before credits & paid funds$279,097The complete starting cash picture.
Estimated remaining funds due at closing
$279,097No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$262,948.64
Your down payment$262,948.64
Closing costs + prepaids$16,148.52
Total buyer cash needed$279,097.16
Remaining funds due$279,097.16
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%)$1,435.26
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$1,375.00
Initial HOA (3 months)$1,620.00
Prepaid interest, first (30 days)$750.27
Fees + prepaids$16,148.52
Your down payment is the seller’s equity. You take over the $287,051 balance, so the rest of the $550,000 price is paid at closing. A second mortgage can cover part of it. $279,097.16 is due at closing. Uses and sources reconcile at $566,148.52 each. Not a Closing Disclosure.