Follow the dollars · Assumption only
A complete cash picture for Dec 8, 2026
Your down payment$230,487Cash toward the purchase price.
Closing costs + prepaids$15,143Not just lender fees.
Before credits & paid funds$245,630The complete starting cash picture.
Estimated remaining funds due at closing
$245,630No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$230,487.00
Your down payment$230,487.00
Closing costs + prepaids$15,143.34
Total buyer cash needed$245,630.35
Remaining funds due$245,630.35
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%)$1,597.56
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$1,119.75
Prepaid interest, first (24 days)$1,458.03
Fees + prepaids$15,143.34
Your down payment is the seller’s equity. You take over the $319,513 balance, so the rest of the $550,000 price is paid at closing. A second mortgage can cover part of it. $245,630.35 is due at closing. Uses and sources reconcile at $565,143.34 each. Not a Closing Disclosure.