Follow the dollars · Assumption only
A complete cash picture for Dec 2, 2026
Your down payment$402,843Cash toward the purchase price.
Closing costs + prepaids$12,671Not just lender fees.
Before credits & paid funds$415,514The complete starting cash picture.
Estimated remaining funds due at closing
$415,514No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$402,843.11
Your down payment$402,843.11
Closing costs + prepaids$12,671.19
Total buyer cash needed$415,514.30
Remaining funds due$415,514.30
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%)$735.78
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$550.00
Initial HOA (3 months)$3.75
Prepaid interest, first (30 days)$413.65
Fees + prepaids$12,671.19
Your down payment is the seller’s equity. You take over the $147,157 balance, so the rest of the $550,000 price is paid at closing. A second mortgage can cover part of it. $415,514.30 is due at closing. Uses and sources reconcile at $562,671.19 each. Not a Closing Disclosure.