Follow the dollars · Assumption only
A complete cash picture for Dec 8, 2026
Your down payment$338,227Cash toward the purchase price.
Closing costs + prepaids$13,571Not just lender fees.
Before credits & paid funds$351,797The complete starting cash picture.
Estimated remaining funds due at closing
$351,797No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$338,226.61
Your down payment$338,226.61
Closing costs + prepaids$13,570.58
Total buyer cash needed$351,797.19
Remaining funds due$351,797.19
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%)$5,500.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,058.87
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$1,122.75
Initial HOA (3 months)$25.50
Prepaid interest, first (24 days)$395.47
Fees + prepaids$13,570.58
Your down payment is the seller’s equity. You take over the $211,773 balance, so the rest of the $550,000 price is paid at closing. A second mortgage can cover part of it. $351,797.19 is due at closing. Uses and sources reconcile at $563,570.58 each. Not a Closing Disclosure.