Follow the dollars · Assumption only
A complete cash picture for Dec 22, 2026
Your down payment$299,105Cash toward the purchase price.
Closing costs + prepaids$13,856Not just lender fees.
Before credits & paid funds$312,961The complete starting cash picture.
Estimated remaining funds due at closing
$312,961No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$299,105.37
Your down payment$299,105.37
Closing costs + prepaids$13,855.50
Total buyer cash needed$312,960.88
Remaining funds due$312,960.88
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%)$5,750.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,379.47
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$690.00
Initial HOA (3 months)$339.00
Prepaid interest, first (10 days)$229.03
Fees + prepaids$13,855.50
Your down payment is the seller’s equity. You take over the $275,895 balance, so the rest of the $575,000 price is paid at closing. A second mortgage can cover part of it. $312,960.88 is due at closing. Uses and sources reconcile at $588,855.50 each. Not a Closing Disclosure.