Follow the dollars · Assumption only
A complete cash picture for Dec 15, 2026
Your down payment$240,622Cash toward the purchase price.
Closing costs + prepaids$13,114Not just lender fees.
Before credits & paid funds$253,736The complete starting cash picture.
Estimated remaining funds due at closing
$253,736No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$240,622.24
Your down payment$240,622.24
Closing costs + prepaids$13,113.80
Total buyer cash needed$253,736.04
Remaining funds due$253,736.04
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%)$5,069.99
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,331.88
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$633.75
Initial HOA (3 months)$135.00
Prepaid interest, first (17 days)$475.17
Fees + prepaids$13,113.80
Your down payment is the seller’s equity. You take over the $266,377 balance, so the rest of the $506,999 price is paid at closing. A second mortgage can cover part of it. $253,736.04 is due at closing. Uses and sources reconcile at $520,112.80 each. Not a Closing Disclosure.