Follow the dollars · Assumption only
A complete cash picture for Dec 22, 2026
Your down payment$278,612Cash toward the purchase price.
Closing costs + prepaids$13,738Not just lender fees.
Before credits & paid funds$292,350The complete starting cash picture.
Estimated remaining funds due at closing
$292,350No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$278,612.43
Your down payment$278,612.43
Closing costs + prepaids$13,737.65
Total buyer cash needed$292,350.08
Remaining funds due$292,350.08
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%)$5,800.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,506.94
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$696.00
Prepaid interest, first (10 days)$266.71
Fees + prepaids$13,737.65
Your down payment is the seller’s equity. You take over the $301,388 balance, so the rest of the $580,000 price is paid at closing. A second mortgage can cover part of it. $292,350.08 is due at closing. Uses and sources reconcile at $593,737.65 each. Not a Closing Disclosure.