Follow the dollars · Assumption only
A complete cash picture for Dec 23, 2026
Your down payment$296,926Cash toward the purchase price.
Closing costs + prepaids$13,740Not just lender fees.
Before credits & paid funds$310,666The complete starting cash picture.
Estimated remaining funds due at closing
$310,666No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$296,926.03
Your down payment$296,926.03
Closing costs + prepaids$13,739.73
Total buyer cash needed$310,665.77
Remaining funds due$310,665.77
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%)$5,890.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,460.37
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$706.75
Prepaid interest, first (9 days)$214.61
Fees + prepaids$13,739.73
Your down payment is the seller’s equity. You take over the $292,074 balance, so the rest of the $589,000 price is paid at closing. A second mortgage can cover part of it. $310,665.77 is due at closing. Uses and sources reconcile at $602,739.73 each. Not a Closing Disclosure.