Follow the dollars · Assumption only
A complete cash picture for Dec 22, 2026
Your down payment$425,306Cash toward the purchase price.
Closing costs + prepaids$12,672Not just lender fees.
Before credits & paid funds$437,977The complete starting cash picture.
Estimated remaining funds due at closing
$437,977No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$425,305.66
Your down payment$425,305.66
Closing costs + prepaids$12,671.61
Total buyer cash needed$437,977.27
Remaining funds due$437,977.27
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%)$623.47
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$660.00
Initial HOA (3 months)$291.00
Prepaid interest, first (10 days)$129.14
Fees + prepaids$12,671.61
Your down payment is the seller’s equity. You take over the $124,694 balance, so the rest of the $550,000 price is paid at closing. A second mortgage can cover part of it. $437,977.27 is due at closing. Uses and sources reconcile at $562,671.61 each. Not a Closing Disclosure.