Follow the dollars · Assumption only
A complete cash picture for Dec 14, 2026
Your down payment$253,189Cash toward the purchase price.
Closing costs + prepaids$13,403Not just lender fees.
Before credits & paid funds$266,592The complete starting cash picture.
Estimated remaining funds due at closing
$266,592No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$253,188.75
Your down payment$253,188.75
Closing costs + prepaids$13,402.75
Total buyer cash needed$266,591.51
Remaining funds due$266,591.51
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%)$5,000.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,234.06
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$973.75
Initial HOA (3 months)$234.00
Prepaid interest, first (18 days)$492.95
Fees + prepaids$13,402.75
Your down payment is the seller’s equity. You take over the $246,811 balance, so the rest of the $500,000 price is paid at closing. A second mortgage can cover part of it. $266,591.51 is due at closing. Uses and sources reconcile at $513,402.75 each. Not a Closing Disclosure.