Follow the dollars · Assumption only
A complete cash picture for Dec 7, 2026
Your down payment$255,167Cash toward the purchase price.
Closing costs + prepaids$15,331Not just lender fees.
Before credits & paid funds$270,498The complete starting cash picture.
Estimated remaining funds due at closing
$270,498No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$255,166.81
Your down payment$255,166.81
Closing costs + prepaids$15,331.32
Total buyer cash needed$270,498.12
Remaining funds due$270,498.12
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%)$5,900.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,674.17
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$1,475.00
Prepaid interest, first (25 days)$814.15
Fees + prepaids$15,331.32
Your down payment is the seller’s equity. You take over the $334,833 balance, so the rest of the $590,000 price is paid at closing. A second mortgage can cover part of it. $270,498.12 is due at closing. Uses and sources reconcile at $605,331.32 each. Not a Closing Disclosure.