Follow the dollars · Assumption only
A complete cash picture for Dec 15, 2026
Your down payment$257,753Cash toward the purchase price.
Closing costs + prepaids$12,506Not just lender fees.
Before credits & paid funds$270,259The complete starting cash picture.
Estimated remaining funds due at closing
$270,259No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$257,753.09
Your down payment$257,753.09
Closing costs + prepaids$12,505.84
Total buyer cash needed$270,258.92
Remaining funds due$270,258.92
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%)$4,900.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,161.23
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$612.50
Initial HOA (3 months)$45.00
Prepaid interest, first (17 days)$319.10
Fees + prepaids$12,505.84
Your down payment is the seller’s equity. You take over the $232,247 balance, so the rest of the $490,000 price is paid at closing. A second mortgage can cover part of it. $270,258.92 is due at closing. Uses and sources reconcile at $502,505.84 each. Not a Closing Disclosure.