Follow the dollars · Assumption only
A complete cash picture for Nov 30, 2026
Your down payment$247,920Cash toward the purchase price.
Closing costs + prepaids$14,903Not just lender fees.
Before credits & paid funds$262,823The complete starting cash picture.
Estimated remaining funds due at closing
$262,823No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$247,920.04
Your down payment$247,920.04
Closing costs + prepaids$14,902.97
Total buyer cash needed$262,823.01
Remaining funds due$262,823.01
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%)$1,510.40
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$1,960.75
Initial HOA (3 months)$438.99
Prepaid interest, first (1 days)$24.83
Fees + prepaids$14,902.97
Your down payment is the seller’s equity. You take over the $302,080 balance, so the rest of the $550,000 price is paid at closing. A second mortgage can cover part of it. $262,823.01 is due at closing. Uses and sources reconcile at $564,902.97 each. Not a Closing Disclosure.