Follow the dollars · Assumption only
A complete cash picture for Dec 8, 2026
Your down payment$247,576Cash toward the purchase price.
Closing costs + prepaids$14,147Not just lender fees.
Before credits & paid funds$261,723The complete starting cash picture.
Estimated remaining funds due at closing
$261,723No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$247,575.50
Your down payment$247,575.50
Closing costs + prepaids$14,147.42
Total buyer cash needed$261,722.92
Remaining funds due$261,722.92
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%)$5,550.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,537.12
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$248.50
Initial HOA (3 months)$515.01
Prepaid interest, first (24 days)$828.78
Fees + prepaids$14,147.42
Your down payment is the seller’s equity. You take over the $307,424 balance, so the rest of the $555,000 price is paid at closing. A second mortgage can cover part of it. $261,722.92 is due at closing. Uses and sources reconcile at $569,147.42 each. Not a Closing Disclosure.