Follow the dollars · Assumption only
A complete cash picture for Dec 7, 2026
Your down payment$350,714Cash toward the purchase price.
Closing costs + prepaids$14,868Not just lender fees.
Before credits & paid funds$365,582The complete starting cash picture.
Estimated remaining funds due at closing
$365,582No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$350,714.08
Your down payment$350,714.08
Closing costs + prepaids$14,867.99
Total buyer cash needed$365,582.07
Remaining funds due$365,582.07
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%)$1,241.43
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$1,397.50
Initial HOA (3 months)$300.00
Prepaid interest, first (25 days)$471.06
Fees + prepaids$14,867.99
Your down payment is the seller’s equity. You take over the $248,286 balance, so the rest of the $599,000 price is paid at closing. A second mortgage can cover part of it. $365,582.07 is due at closing. Uses and sources reconcile at $613,867.99 each. Not a Closing Disclosure.