Follow the dollars · Assumption only
A complete cash picture for Dec 7, 2026
Your down payment$304,812Cash toward the purchase price.
Closing costs + prepaids$14,031Not just lender fees.
Before credits & paid funds$318,844The complete starting cash picture.
Estimated remaining funds due at closing
$318,844No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$304,812.14
Your down payment$304,812.14
Closing costs + prepaids$14,031.48
Total buyer cash needed$318,843.61
Remaining funds due$318,843.61
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%)$1,475.94
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$221.75
Initial HOA (3 months)$330.00
Prepaid interest, first (25 days)$535.79
Fees + prepaids$14,031.48
Your down payment is the seller’s equity. You take over the $295,188 balance, so the rest of the $600,000 price is paid at closing. A second mortgage can cover part of it. $318,843.61 is due at closing. Uses and sources reconcile at $614,031.48 each. Not a Closing Disclosure.