Follow the dollars · Assumption only
A complete cash picture for Dec 5, 2026
Your down payment$242,503Cash toward the purchase price.
Closing costs + prepaids$14,249Not just lender fees.
Before credits & paid funds$256,752The complete starting cash picture.
Estimated remaining funds due at closing
$256,752No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$242,502.52
Your down payment$242,502.52
Closing costs + prepaids$14,249.48
Total buyer cash needed$256,752.00
Remaining funds due$256,752.00
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%)$1,537.49
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$884.75
Initial HOA (3 months)$74.49
Prepaid interest, first (27 days)$784.75
Fees + prepaids$14,249.48
Your down payment is the seller’s equity. You take over the $307,497 balance, so the rest of the $550,000 price is paid at closing. A second mortgage can cover part of it. $256,752.00 is due at closing. Uses and sources reconcile at $564,249.48 each. Not a Closing Disclosure.