Follow the dollars · Assumption only
A complete cash picture for Dec 25, 2026
Your down payment$300,655Cash toward the purchase price.
Closing costs + prepaids$14,059Not just lender fees.
Before credits & paid funds$314,715The complete starting cash picture.
Estimated remaining funds due at closing
$314,715No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$300,655.45
Your down payment$300,655.45
Closing costs + prepaids$14,059.29
Total buyer cash needed$314,714.75
Remaining funds due$314,714.75
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%)$6,010.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,501.72
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$721.25
Initial HOA (3 months)$174.00
Prepaid interest, first (7 days)$184.32
Fees + prepaids$14,059.29
Your down payment is the seller’s equity. You take over the $300,345 balance, so the rest of the $601,000 price is paid at closing. A second mortgage can cover part of it. $314,714.75 is due at closing. Uses and sources reconcile at $615,059.29 each. Not a Closing Disclosure.