Follow the dollars · Assumption only
A complete cash picture for Dec 3, 2026
Your down payment$256,420Cash toward the purchase price.
Closing costs + prepaids$14,623Not just lender fees.
Before credits & paid funds$271,044The complete starting cash picture.
Estimated remaining funds due at closing
$271,044No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$256,420.42
Your down payment$256,420.42
Closing costs + prepaids$14,623.23
Total buyer cash needed$271,043.65
Remaining funds due$271,043.65
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%)$5,250.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,342.90
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$1,435.50
Initial HOA (3 months)$540.00
Prepaid interest, first (29 days)$586.83
Fees + prepaids$14,623.23
Your down payment is the seller’s equity. You take over the $268,580 balance, so the rest of the $525,000 price is paid at closing. A second mortgage can cover part of it. $271,043.65 is due at closing. Uses and sources reconcile at $539,623.23 each. Not a Closing Disclosure.