Follow the dollars · Assumption only
A complete cash picture for Dec 4, 2026
Your down payment$196,998Cash toward the purchase price.
Closing costs + prepaids$16,153Not just lender fees.
Before credits & paid funds$213,152The complete starting cash picture.
Estimated remaining funds due at closing
$213,152No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$196,998.44
Your down payment$196,998.44
Closing costs + prepaids$16,153.08
Total buyer cash needed$213,151.53
Remaining funds due$213,151.53
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%)$5,880.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,955.01
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$1,631.25
Initial HOA (3 months)$297.99
Prepaid interest, first (28 days)$920.84
Fees + prepaids$16,153.08
Your down payment is the seller’s equity. You take over the $391,002 balance, so the rest of the $588,000 price is paid at closing. A second mortgage can cover part of it. $213,151.53 is due at closing. Uses and sources reconcile at $604,153.08 each. Not a Closing Disclosure.