Follow the dollars · Assumption only
A complete cash picture for Dec 5, 2026
Your down payment$296,776Cash toward the purchase price.
Closing costs + prepaids$16,379Not just lender fees.
Before credits & paid funds$313,155The complete starting cash picture.
Estimated remaining funds due at closing
$313,155No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$296,775.69
Your down payment$296,775.69
Closing costs + prepaids$16,378.84
Total buyer cash needed$313,154.53
Remaining funds due$313,154.53
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%)$5,890.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,461.12
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$1,472.50
Initial HOA (3 months)$1,389.00
Prepaid interest, first (27 days)$698.22
Fees + prepaids$16,378.84
Your down payment is the seller’s equity. You take over the $292,224 balance, so the rest of the $589,000 price is paid at closing. A second mortgage can cover part of it. $313,154.53 is due at closing. Uses and sources reconcile at $605,378.84 each. Not a Closing Disclosure.