Follow the dollars · Assumption only
A complete cash picture for Dec 1, 2026
Your down payment$308,452Cash toward the purchase price.
Closing costs + prepaids$13,210Not just lender fees.
Before credits & paid funds$321,662The complete starting cash picture.
Estimated remaining funds due at closing
$321,662No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$308,452.00
Your down payment$308,452.00
Closing costs + prepaids$13,210.27
Total buyer cash needed$321,662.27
Remaining funds due$321,662.27
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%)$5,900.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,407.74
Home insurance (12 months up front)$1,200.00
Insurance escrow (3 months)$300.00
Property tax escrow (3 months)$590.50
Initial HOA (3 months)$306.00
Prepaid interest, first (31 days)$538.03
Fees + prepaids$13,210.27
Your down payment is the seller’s equity. You take over the $281,548 balance, so the rest of the $590,000 price is paid at closing. A second mortgage can cover part of it. $321,662.27 is due at closing. Uses and sources reconcile at $603,210.27 each. Not a Closing Disclosure.