Follow the dollars · Assumption only
A complete cash picture for Dec 26, 2026
Your down payment$275,997Cash toward the purchase price.
Closing costs + prepaids$17,305Not just lender fees.
Before credits & paid funds$293,302The complete starting cash picture.
Estimated remaining funds due at closing
$293,302No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$275,997.26
Your down payment$275,997.26
Closing costs + prepaids$17,304.75
Total buyer cash needed$293,302.01
Remaining funds due$293,302.01
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%)$7,400.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$2,320.01
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$888.00
Initial HOA (3 months)$240.00
Prepaid interest, first (6 days)$238.74
Fees + prepaids$17,304.75
Your down payment is the seller’s equity. You take over the $464,003 balance, so the rest of the $740,000 price is paid at closing. A second mortgage can cover part of it. $293,302.01 is due at closing. Uses and sources reconcile at $757,304.75 each. Not a Closing Disclosure.