Follow the dollars · Assumption only
A complete cash picture for Dec 1, 2026
Your down payment$253,915Cash toward the purchase price.
Closing costs + prepaids$13,400Not just lender fees.
Before credits & paid funds$267,315The complete starting cash picture.
Estimated remaining funds due at closing
$267,315No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$253,914.87
Your down payment$253,914.87
Closing costs + prepaids$13,399.63
Total buyer cash needed$267,314.50
Remaining funds due$267,314.50
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%)$1,480.43
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$232.00
Prepaid interest, first (31 days)$719.20
Fees + prepaids$13,399.63
Your down payment is the seller’s equity. You take over the $296,085 balance, so the rest of the $550,000 price is paid at closing. A second mortgage can cover part of it. $267,314.50 is due at closing. Uses and sources reconcile at $563,399.63 each. Not a Closing Disclosure.