Follow the dollars · Assumption only
A complete cash picture for Dec 16, 2026
Your down payment$300,858Cash toward the purchase price.
Closing costs + prepaids$13,956Not just lender fees.
Before credits & paid funds$314,814The complete starting cash picture.
Estimated remaining funds due at closing
$314,814No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$300,857.96
Your down payment$300,857.96
Closing costs + prepaids$13,955.96
Total buyer cash needed$314,813.92
Remaining funds due$314,813.92
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%)$5,750.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,370.71
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$718.75
Initial HOA (3 months)$300.00
Prepaid interest, first (16 days)$348.50
Fees + prepaids$13,955.96
Your down payment is the seller’s equity. You take over the $274,142 balance, so the rest of the $575,000 price is paid at closing. A second mortgage can cover part of it. $314,813.92 is due at closing. Uses and sources reconcile at $588,955.96 each. Not a Closing Disclosure.