Follow the dollars · Assumption only
A complete cash picture for Dec 7, 2026
Your down payment$196,039Cash toward the purchase price.
Closing costs + prepaids$15,040Not just lender fees.
Before credits & paid funds$211,080The complete starting cash picture.
Estimated remaining funds due at closing
$211,080No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$196,039.48
Your down payment$196,039.48
Closing costs + prepaids$15,040.07
Total buyer cash needed$211,079.55
Remaining funds due$211,079.55
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%)$5,899.90
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,969.75
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$387.00
Prepaid interest, first (25 days)$1,315.42
Fees + prepaids$15,040.07
Your down payment is the seller’s equity. You take over the $393,951 balance, so the rest of the $589,990 price is paid at closing. A second mortgage can cover part of it. $211,079.55 is due at closing. Uses and sources reconcile at $605,030.07 each. Not a Closing Disclosure.