Follow the dollars · Assumption only
A complete cash picture for Dec 23, 2026
Your down payment$262,600Cash toward the purchase price.
Closing costs + prepaids$12,906Not just lender fees.
Before credits & paid funds$275,506The complete starting cash picture.
Estimated remaining funds due at closing
$275,506No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$262,599.52
Your down payment$262,599.52
Closing costs + prepaids$12,906.08
Total buyer cash needed$275,505.60
Remaining funds due$275,505.60
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%)$5,200.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,287.00
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$624.00
Initial HOA (3 months)$150.00
Prepaid interest, first (9 days)$177.08
Fees + prepaids$12,906.08
Your down payment is the seller’s equity. You take over the $257,400 balance, so the rest of the $520,000 price is paid at closing. A second mortgage can cover part of it. $275,505.60 is due at closing. Uses and sources reconcile at $532,906.08 each. Not a Closing Disclosure.