Follow the dollars · Assumption only
A complete cash picture for Dec 4, 2026
Your down payment$396,086Cash toward the purchase price.
Closing costs + prepaids$13,759Not just lender fees.
Before credits & paid funds$409,846The complete starting cash picture.
Estimated remaining funds due at closing
$409,846No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$396,086.17
Your down payment$396,086.17
Closing costs + prepaids$13,759.43
Total buyer cash needed$409,845.60
Remaining funds due$409,845.60
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%)$5,870.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$954.57
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$867.25
Initial HOA (3 months)$150.00
Prepaid interest, first (28 days)$449.62
Fees + prepaids$13,759.43
Your down payment is the seller’s equity. You take over the $190,914 balance, so the rest of the $587,000 price is paid at closing. A second mortgage can cover part of it. $409,845.60 is due at closing. Uses and sources reconcile at $600,759.43 each. Not a Closing Disclosure.