Follow the dollars · Assumption only
A complete cash picture for Dec 6, 2026
Your down payment$344,105Cash toward the purchase price.
Closing costs + prepaids$14,908Not just lender fees.
Before credits & paid funds$359,013The complete starting cash picture.
Estimated remaining funds due at closing
$359,013No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$344,105.44
Your down payment$344,105.44
Closing costs + prepaids$14,908.02
Total buyer cash needed$359,013.46
Remaining funds due$359,013.46
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%)$5,899.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,228.97
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$1,202.00
Prepaid interest, first (26 days)$1,110.05
Fees + prepaids$14,908.02
Your down payment is the seller’s equity. You take over the $245,795 balance, so the rest of the $589,900 price is paid at closing. A second mortgage can cover part of it. $359,013.46 is due at closing. Uses and sources reconcile at $604,808.02 each. Not a Closing Disclosure.