Follow the dollars · Assumption only
A complete cash picture for Dec 7, 2026
Your down payment$398,126Cash toward the purchase price.
Closing costs + prepaids$13,541Not just lender fees.
Before credits & paid funds$411,667The complete starting cash picture.
Estimated remaining funds due at closing
$411,667No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$398,125.73
Your down payment$398,125.73
Closing costs + prepaids$13,540.84
Total buyer cash needed$411,666.58
Remaining funds due$411,666.58
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%)$5,750.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$884.37
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$885.75
Initial HOA (3 months)$96.00
Prepaid interest, first (25 days)$456.72
Fees + prepaids$13,540.84
Your down payment is the seller’s equity. You take over the $176,874 balance, so the rest of the $575,000 price is paid at closing. A second mortgage can cover part of it. $411,666.58 is due at closing. Uses and sources reconcile at $588,540.84 each. Not a Closing Disclosure.