Follow the dollars · Assumption only
A complete cash picture for Dec 3, 2026
Your down payment$246,157Cash toward the purchase price.
Closing costs + prepaids$14,964Not just lender fees.
Before credits & paid funds$261,121The complete starting cash picture.
Estimated remaining funds due at closing
$261,121No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$246,157.36
Your down payment$246,157.36
Closing costs + prepaids$14,963.92
Total buyer cash needed$261,121.28
Remaining funds due$261,121.28
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%)$5,870.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,704.21
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$912.00
Initial HOA (3 months)$135.00
Prepaid interest, first (29 days)$874.70
Fees + prepaids$14,963.92
Your down payment is the seller’s equity. You take over the $340,843 balance, so the rest of the $587,000 price is paid at closing. A second mortgage can cover part of it. $261,121.28 is due at closing. Uses and sources reconcile at $601,963.92 each. Not a Closing Disclosure.