Follow the dollars · Assumption only
A complete cash picture for Dec 5, 2026
Your down payment$278,950Cash toward the purchase price.
Closing costs + prepaids$15,231Not just lender fees.
Before credits & paid funds$294,181The complete starting cash picture.
Estimated remaining funds due at closing
$294,181No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$278,949.96
Your down payment$278,949.96
Closing costs + prepaids$15,230.84
Total buyer cash needed$294,180.80
Remaining funds due$294,180.80
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%)$1,355.25
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$1,576.25
Prepaid interest, first (27 days)$1,331.34
Fees + prepaids$15,230.84
Your down payment is the seller’s equity. You take over the $271,050 balance, so the rest of the $550,000 price is paid at closing. A second mortgage can cover part of it. $294,180.80 is due at closing. Uses and sources reconcile at $565,230.84 each. Not a Closing Disclosure.