Follow the dollars · Assumption only
A complete cash picture for Dec 2, 2026
Your down payment$264,364Cash toward the purchase price.
Closing costs + prepaids$16,177Not just lender fees.
Before credits & paid funds$280,540The complete starting cash picture.
Estimated remaining funds due at closing
$280,540No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$264,363.71
Your down payment$264,363.71
Closing costs + prepaids$16,176.65
Total buyer cash needed$280,540.36
Remaining funds due$280,540.36
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%)$6,400.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,878.18
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$1,338.25
Initial HOA (3 months)$237.00
Prepaid interest, first (30 days)$855.22
Fees + prepaids$16,176.65
Your down payment is the seller’s equity. You take over the $375,636 balance, so the rest of the $640,000 price is paid at closing. A second mortgage can cover part of it. $280,540.36 is due at closing. Uses and sources reconcile at $656,176.65 each. Not a Closing Disclosure.