Follow the dollars · Assumption only
A complete cash picture for Dec 4, 2026
Your down payment$230,755Cash toward the purchase price.
Closing costs + prepaids$16,541Not just lender fees.
Before credits & paid funds$247,296The complete starting cash picture.
Estimated remaining funds due at closing
$247,296No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$230,754.86
Your down payment$230,754.86
Closing costs + prepaids$16,541.28
Total buyer cash needed$247,296.14
Remaining funds due$247,296.14
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%)$1,596.23
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$1,375.00
Initial HOA (3 months)$900.00
Prepaid interest, first (28 days)$1,702.06
Fees + prepaids$16,541.28
Your down payment is the seller’s equity. You take over the $319,245 balance, so the rest of the $550,000 price is paid at closing. A second mortgage can cover part of it. $247,296.14 is due at closing. Uses and sources reconcile at $566,541.28 each. Not a Closing Disclosure.