Follow the dollars · Assumption only
A complete cash picture for Dec 14, 2026
Your down payment$299,289Cash toward the purchase price.
Closing costs + prepaids$12,382Not just lender fees.
Before credits & paid funds$311,672The complete starting cash picture.
Estimated remaining funds due at closing
$311,672No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$299,289.24
Your down payment$299,289.24
Closing costs + prepaids$12,382.30
Total buyer cash needed$311,671.54
Remaining funds due$311,671.54
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%)$4,850.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$928.55
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$468.25
Initial HOA (3 months)$112.50
Prepaid interest, first (18 days)$555.00
Fees + prepaids$12,382.30
Your down payment is the seller’s equity. You take over the $185,711 balance, so the rest of the $485,000 price is paid at closing. A second mortgage can cover part of it. $311,671.54 is due at closing. Uses and sources reconcile at $497,382.30 each. Not a Closing Disclosure.