Follow the dollars · Assumption only
A complete cash picture for Dec 7, 2026
Your down payment$284,035Cash toward the purchase price.
Closing costs + prepaids$15,500Not just lender fees.
Before credits & paid funds$299,535The complete starting cash picture.
Estimated remaining funds due at closing
$299,535No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$284,035.10
Your down payment$284,035.10
Closing costs + prepaids$15,499.67
Total buyer cash needed$299,534.77
Remaining funds due$299,534.77
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%)$1,574.82
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$1,766.00
Initial HOA (3 months)$68.76
Prepaid interest, first (25 days)$632.09
Fees + prepaids$15,499.67
Your down payment is the seller’s equity. You take over the $314,965 balance, so the rest of the $599,000 price is paid at closing. A second mortgage can cover part of it. $299,534.77 is due at closing. Uses and sources reconcile at $614,499.67 each. Not a Closing Disclosure.