Follow the dollars · Assumption only
A complete cash picture for Dec 11, 2026
Your down payment$296,926Cash toward the purchase price.
Closing costs + prepaids$13,888Not just lender fees.
Before credits & paid funds$310,814The complete starting cash picture.
Estimated remaining funds due at closing
$310,814No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$296,926.03
Your down payment$296,926.03
Closing costs + prepaids$13,888.39
Total buyer cash needed$310,814.42
Remaining funds due$310,814.42
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%)$5,890.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,460.37
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$569.25
Prepaid interest, first (21 days)$500.77
Fees + prepaids$13,888.39
Your down payment is the seller’s equity. You take over the $292,074 balance, so the rest of the $589,000 price is paid at closing. A second mortgage can cover part of it. $310,814.42 is due at closing. Uses and sources reconcile at $602,888.39 each. Not a Closing Disclosure.