Follow the dollars · Assumption only
A complete cash picture for Dec 7, 2026
Your down payment$396,970Cash toward the purchase price.
Closing costs + prepaids$13,410Not just lender fees.
Before credits & paid funds$410,380The complete starting cash picture.
Estimated remaining funds due at closing
$410,380No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$396,970.02
Your down payment$396,970.02
Closing costs + prepaids$13,409.59
Total buyer cash needed$410,379.61
Remaining funds due$410,379.61
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%)$5,800.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$915.15
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$640.00
Initial HOA (3 months)$90.00
Prepaid interest, first (25 days)$496.44
Fees + prepaids$13,409.59
Your down payment is the seller’s equity. You take over the $183,030 balance, so the rest of the $580,000 price is paid at closing. A second mortgage can cover part of it. $410,379.61 is due at closing. Uses and sources reconcile at $593,409.59 each. Not a Closing Disclosure.