Follow the dollars · Assumption only
A complete cash picture for Dec 16, 2026
Your down payment$274,960Cash toward the purchase price.
Closing costs + prepaids$13,375Not just lender fees.
Before credits & paid funds$288,335The complete starting cash picture.
Estimated remaining funds due at closing
$288,335No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$274,959.89
Your down payment$274,959.89
Closing costs + prepaids$13,375.10
Total buyer cash needed$288,334.99
Remaining funds due$288,334.99
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%)$5,499.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,374.70
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$687.50
Prepaid interest, first (16 days)$345.90
Fees + prepaids$13,375.10
Your down payment is the seller’s equity. You take over the $274,940 balance, so the rest of the $549,900 price is paid at closing. A second mortgage can cover part of it. $288,334.99 is due at closing. Uses and sources reconcile at $563,275.10 each. Not a Closing Disclosure.