Follow the dollars · Assumption only
A complete cash picture for Dec 8, 2026
Your down payment$331,243Cash toward the purchase price.
Closing costs + prepaids$16,050Not just lender fees.
Before credits & paid funds$347,293The complete starting cash picture.
Estimated remaining funds due at closing
$347,293No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$331,243.40
Your down payment$331,243.40
Closing costs + prepaids$16,050.00
Total buyer cash needed$347,293.40
Remaining funds due$347,293.40
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%)$5,990.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,338.78
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$2,492.00
Initial HOA (3 months)$58.74
Prepaid interest, first (24 days)$702.48
Fees + prepaids$16,050.00
Your down payment is the seller’s equity. You take over the $267,757 balance, so the rest of the $599,000 price is paid at closing. A second mortgage can cover part of it. $347,293.40 is due at closing. Uses and sources reconcile at $615,050.00 each. Not a Closing Disclosure.