Follow the dollars · Assumption only
A complete cash picture for Dec 9, 2026
Your down payment$266,632Cash toward the purchase price.
Closing costs + prepaids$14,329Not just lender fees.
Before credits & paid funds$280,961The complete starting cash picture.
Estimated remaining funds due at closing
$280,961No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$266,632.22
Your down payment$266,632.22
Closing costs + prepaids$14,328.85
Total buyer cash needed$280,961.07
Remaining funds due$280,961.07
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%)$5,870.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,601.84
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$555.50
Initial HOA (3 months)$240.00
Prepaid interest, first (23 days)$593.51
Fees + prepaids$14,328.85
Your down payment is the seller’s equity. You take over the $320,368 balance, so the rest of the $587,000 price is paid at closing. A second mortgage can cover part of it. $280,961.07 is due at closing. Uses and sources reconcile at $601,328.85 each. Not a Closing Disclosure.