Follow the dollars · Assumption only
A complete cash picture for Dec 5, 2026
Your down payment$259,732Cash toward the purchase price.
Closing costs + prepaids$14,434Not just lender fees.
Before credits & paid funds$274,166The complete starting cash picture.
Estimated remaining funds due at closing
$274,166No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$259,732.18
Your down payment$259,732.18
Closing costs + prepaids$14,434.20
Total buyer cash needed$274,166.38
Remaining funds due$274,166.38
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%)$1,451.34
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$1,375.00
Prepaid interest, first (27 days)$639.86
Fees + prepaids$14,434.20
Your down payment is the seller’s equity. You take over the $290,268 balance, so the rest of the $550,000 price is paid at closing. A second mortgage can cover part of it. $274,166.38 is due at closing. Uses and sources reconcile at $564,434.20 each. Not a Closing Disclosure.