Follow the dollars · Assumption only
A complete cash picture for Dec 9, 2026
Your down payment$240,908Cash toward the purchase price.
Closing costs + prepaids$16,393Not just lender fees.
Before credits & paid funds$257,301The complete starting cash picture.
Estimated remaining funds due at closing
$257,301No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$240,907.88
Your down payment$240,907.88
Closing costs + prepaids$16,393.22
Total buyer cash needed$257,301.10
Remaining funds due$257,301.10
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%)$5,950.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,770.46
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$1,487.50
Initial HOA (3 months)$885.00
Prepaid interest, first (23 days)$832.26
Fees + prepaids$16,393.22
Your down payment is the seller’s equity. You take over the $354,092 balance, so the rest of the $595,000 price is paid at closing. A second mortgage can cover part of it. $257,301.10 is due at closing. Uses and sources reconcile at $611,393.22 each. Not a Closing Disclosure.