Follow the dollars · Assumption only
A complete cash picture for Dec 1, 2026
Your down payment$342,940Cash toward the purchase price.
Closing costs + prepaids$14,371Not just lender fees.
Before credits & paid funds$357,311The complete starting cash picture.
Estimated remaining funds due at closing
$357,311No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$342,940.06
Your down payment$342,940.06
Closing costs + prepaids$14,371.28
Total buyer cash needed$357,311.34
Remaining funds due$357,311.34
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%)$5,000.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$785.30
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$2,545.75
Initial HOA (3 months)$60.00
Prepaid interest, first (31 days)$512.23
Fees + prepaids$14,371.28
Your down payment is the seller’s equity. You take over the $157,060 balance, so the rest of the $500,000 price is paid at closing. A second mortgage can cover part of it. $357,311.34 is due at closing. Uses and sources reconcile at $514,371.28 each. Not a Closing Disclosure.