Follow the dollars · Assumption only
A complete cash picture for Dec 9, 2026
Your down payment$258,174Cash toward the purchase price.
Closing costs + prepaids$15,867Not just lender fees.
Before credits & paid funds$274,041The complete starting cash picture.
Estimated remaining funds due at closing
$274,041No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$258,174.02
Your down payment$258,174.02
Closing costs + prepaids$15,867.48
Total buyer cash needed$274,041.50
Remaining funds due$274,041.50
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%)$5,850.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,634.13
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$531.50
Initial HOA (3 months)$1,731.00
Prepaid interest, first (23 days)$652.85
Fees + prepaids$15,867.48
Your down payment is the seller’s equity. You take over the $326,826 balance, so the rest of the $585,000 price is paid at closing. A second mortgage can cover part of it. $274,041.50 is due at closing. Uses and sources reconcile at $600,867.48 each. Not a Closing Disclosure.