Follow the dollars · Assumption only
A complete cash picture for Dec 8, 2026
Your down payment$227,029Cash toward the purchase price.
Closing costs + prepaids$14,990Not just lender fees.
Before credits & paid funds$242,019The complete starting cash picture.
Estimated remaining funds due at closing
$242,019No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$227,029.35
Your down payment$227,029.35
Closing costs + prepaids$14,989.79
Total buyer cash needed$242,019.15
Remaining funds due$242,019.15
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%)$1,739.85
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$875.50
Initial HOA (3 months)$438.00
Prepaid interest, first (24 days)$718.44
Fees + prepaids$14,989.79
Your down payment is the seller’s equity. You take over the $347,971 balance, so the rest of the $575,000 price is paid at closing. A second mortgage can cover part of it. $242,019.15 is due at closing. Uses and sources reconcile at $589,989.79 each. Not a Closing Disclosure.