Follow the dollars · Assumption only
A complete cash picture for Dec 8, 2026
Your down payment$339,087Cash toward the purchase price.
Closing costs + prepaids$14,799Not just lender fees.
Before credits & paid funds$353,886The complete starting cash picture.
Estimated remaining funds due at closing
$353,886No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$339,087.16
Your down payment$339,087.16
Closing costs + prepaids$14,798.59
Total buyer cash needed$353,885.75
Remaining funds due$353,885.75
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%)$5,890.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,249.56
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$1,272.75
Initial HOA (3 months)$399.00
Prepaid interest, first (24 days)$519.27
Fees + prepaids$14,798.59
Your down payment is the seller’s equity. You take over the $249,913 balance, so the rest of the $589,000 price is paid at closing. A second mortgage can cover part of it. $353,885.75 is due at closing. Uses and sources reconcile at $603,798.59 each. Not a Closing Disclosure.