Follow the dollars · Assumption only
A complete cash picture for Dec 5, 2026
Your down payment$275,722Cash toward the purchase price.
Closing costs + prepaids$16,171Not just lender fees.
Before credits & paid funds$291,893The complete starting cash picture.
Estimated remaining funds due at closing
$291,893No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$275,721.58
Your down payment$275,721.58
Closing costs + prepaids$16,171.49
Total buyer cash needed$291,893.08
Remaining funds due$291,893.08
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%)$5,850.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,546.39
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$1,462.50
Initial HOA (3 months)$1,188.00
Prepaid interest, first (27 days)$656.60
Fees + prepaids$16,171.49
Your down payment is the seller’s equity. You take over the $309,278 balance, so the rest of the $585,000 price is paid at closing. A second mortgage can cover part of it. $291,893.08 is due at closing. Uses and sources reconcile at $601,171.49 each. Not a Closing Disclosure.