Follow the dollars · Assumption only
A complete cash picture for Dec 26, 2026
Your down payment$353,217Cash toward the purchase price.
Closing costs + prepaids$13,461Not just lender fees.
Before credits & paid funds$366,677The complete starting cash picture.
Estimated remaining funds due at closing
$366,677No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$353,216.74
Your down payment$353,216.74
Closing costs + prepaids$13,460.50
Total buyer cash needed$366,677.24
Remaining funds due$366,677.24
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%)$5,875.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,171.42
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$705.00
Prepaid interest, first (6 days)$241.09
Fees + prepaids$13,460.50
Your down payment is the seller’s equity. You take over the $234,283 balance, so the rest of the $587,500 price is paid at closing. A second mortgage can cover part of it. $366,677.24 is due at closing. Uses and sources reconcile at $600,960.50 each. Not a Closing Disclosure.