Follow the dollars · Assumption only
A complete cash picture for Dec 1, 2026
Your down payment$275,910Cash toward the purchase price.
Closing costs + prepaids$13,393Not just lender fees.
Before credits & paid funds$289,302The complete starting cash picture.
Estimated remaining funds due at closing
$289,302No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$275,909.50
Your down payment$275,909.50
Closing costs + prepaids$13,392.76
Total buyer cash needed$289,302.26
Remaining funds due$289,302.26
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%)$1,370.45
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$365.25
Prepaid interest, first (31 days)$689.06
Fees + prepaids$13,392.76
Your down payment is the seller’s equity. You take over the $274,090 balance, so the rest of the $550,000 price is paid at closing. A second mortgage can cover part of it. $289,302.26 is due at closing. Uses and sources reconcile at $563,392.76 each. Not a Closing Disclosure.