Follow the dollars · Assumption only
A complete cash picture for Dec 5, 2026
Your down payment$264,027Cash toward the purchase price.
Closing costs + prepaids$13,402Not just lender fees.
Before credits & paid funds$277,428The complete starting cash picture.
Estimated remaining funds due at closing
$277,428No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$264,026.67
Your down payment$264,026.67
Closing costs + prepaids$13,401.65
Total buyer cash needed$277,428.32
Remaining funds due$277,428.32
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%)$5,600.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,479.87
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$232.00
Prepaid interest, first (27 days)$621.79
Fees + prepaids$13,401.65
Your down payment is the seller’s equity. You take over the $295,973 balance, so the rest of the $560,000 price is paid at closing. A second mortgage can cover part of it. $277,428.32 is due at closing. Uses and sources reconcile at $573,401.65 each. Not a Closing Disclosure.