Follow the dollars · Assumption only
A complete cash picture for Dec 10, 2026
Your down payment$246,157Cash toward the purchase price.
Closing costs + prepaids$14,753Not just lender fees.
Before credits & paid funds$260,910The complete starting cash picture.
Estimated remaining funds due at closing
$260,910No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$246,157.36
Your down payment$246,157.36
Closing costs + prepaids$14,752.78
Total buyer cash needed$260,910.14
Remaining funds due$260,910.14
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%)$5,870.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,704.21
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$912.00
Initial HOA (3 months)$135.00
Prepaid interest, first (22 days)$663.57
Fees + prepaids$14,752.78
Your down payment is the seller’s equity. You take over the $340,843 balance, so the rest of the $587,000 price is paid at closing. A second mortgage can cover part of it. $260,910.14 is due at closing. Uses and sources reconcile at $601,752.78 each. Not a Closing Disclosure.