Follow the dollars · Assumption only
A complete cash picture for Nov 29, 2026
Your down payment$287,760Cash toward the purchase price.
Closing costs + prepaids$12,873Not just lender fees.
Before credits & paid funds$300,634The complete starting cash picture.
Estimated remaining funds due at closing
$300,634No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$287,760.41
Your down payment$287,760.41
Closing costs + prepaids$12,873.44
Total buyer cash needed$300,633.85
Remaining funds due$300,633.85
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%)$5,400.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,261.20
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$463.75
Initial HOA (3 months)$240.00
Prepaid interest, first (2 days)$40.50
Fees + prepaids$12,873.44
Your down payment is the seller’s equity. You take over the $252,240 balance, so the rest of the $540,000 price is paid at closing. A second mortgage can cover part of it. $300,633.85 is due at closing. Uses and sources reconcile at $552,873.44 each. Not a Closing Disclosure.