Follow the dollars · Assumption only
A complete cash picture for Dec 5, 2026
Your down payment$175,000Cash toward the purchase price.
Closing costs + prepaids$14,657Not just lender fees.
Before credits & paid funds$189,658The complete starting cash picture.
Estimated remaining funds due at closing
$189,658No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$175,000.48
Your down payment$175,000.48
Closing costs + prepaids$14,657.25
Total buyer cash needed$189,657.73
Remaining funds due$189,657.73
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%)$5,550.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,900.00
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$619.75
Initial HOA (3 months)$324.00
Prepaid interest, first (27 days)$795.50
Fees + prepaids$14,657.25
Your down payment is the seller’s equity. You take over the $380,000 balance, so the rest of the $555,000 price is paid at closing. A second mortgage can cover part of it. $189,657.73 is due at closing. Uses and sources reconcile at $569,657.25 each. Not a Closing Disclosure.