Follow the dollars · Assumption only
A complete cash picture for Dec 14, 2026
Your down payment$377,753Cash toward the purchase price.
Closing costs + prepaids$12,648Not just lender fees.
Before credits & paid funds$390,401The complete starting cash picture.
Estimated remaining funds due at closing
$390,401No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$377,752.98
Your down payment$377,752.98
Closing costs + prepaids$12,648.37
Total buyer cash needed$390,401.34
Remaining funds due$390,401.34
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%)$861.24
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$487.00
Prepaid interest, first (18 days)$332.13
Fees + prepaids$12,648.37
Your down payment is the seller’s equity. You take over the $172,247 balance, so the rest of the $550,000 price is paid at closing. A second mortgage can cover part of it. $390,401.34 is due at closing. Uses and sources reconcile at $562,648.37 each. Not a Closing Disclosure.