Follow the dollars · Assumption only
A complete cash picture for Dec 25, 2026
Your down payment$388,296Cash toward the purchase price.
Closing costs + prepaids$12,557Not just lender fees.
Before credits & paid funds$400,853The complete starting cash picture.
Estimated remaining funds due at closing
$400,853No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$388,295.57
Your down payment$388,295.57
Closing costs + prepaids$12,557.47
Total buyer cash needed$400,853.04
Remaining funds due$400,853.04
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%)$808.52
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$660.00
Prepaid interest, first (7 days)$120.95
Fees + prepaids$12,557.47
Your down payment is the seller’s equity. You take over the $161,704 balance, so the rest of the $550,000 price is paid at closing. A second mortgage can cover part of it. $400,853.04 is due at closing. Uses and sources reconcile at $562,557.47 each. Not a Closing Disclosure.