Follow the dollars · Assumption only
A complete cash picture for Dec 7, 2026
Your down payment$150,432Cash toward the purchase price.
Closing costs + prepaids$15,052Not just lender fees.
Before credits & paid funds$165,484The complete starting cash picture.
Estimated remaining funds due at closing
$165,484No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$150,431.64
Your down payment$150,431.64
Closing costs + prepaids$15,052.40
Total buyer cash needed$165,484.04
Remaining funds due$165,484.04
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%)$5,500.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,997.84
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$1,375.00
Prepaid interest, first (25 days)$711.56
Fees + prepaids$15,052.40
Your down payment is the seller’s equity. You take over the $399,568 balance, so the rest of the $550,000 price is paid at closing. A second mortgage can cover part of it. $165,484.04 is due at closing. Uses and sources reconcile at $565,052.40 each. Not a Closing Disclosure.