Follow the dollars · Assumption only
A complete cash picture for Dec 10, 2026
Your down payment$230,325Cash toward the purchase price.
Closing costs + prepaids$15,790Not just lender fees.
Before credits & paid funds$246,115The complete starting cash picture.
Estimated remaining funds due at closing
$246,115No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$230,325.46
Your down payment$230,325.46
Closing costs + prepaids$15,789.58
Total buyer cash needed$246,115.04
Remaining funds due$246,115.04
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%)$6,000.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,848.37
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$1,421.00
Initial HOA (3 months)$230.01
Prepaid interest, first (22 days)$822.20
Fees + prepaids$15,789.58
Your down payment is the seller’s equity. You take over the $369,675 balance, so the rest of the $600,000 price is paid at closing. A second mortgage can cover part of it. $246,115.04 is due at closing. Uses and sources reconcile at $615,789.58 each. Not a Closing Disclosure.