Follow the dollars · Assumption only
A complete cash picture for Dec 17, 2026
Your down payment$488,745Cash toward the purchase price.
Closing costs + prepaids$13,392Not just lender fees.
Before credits & paid funds$502,137The complete starting cash picture.
Estimated remaining funds due at closing
$502,137No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$488,745.28
Your down payment$488,745.28
Closing costs + prepaids$13,391.65
Total buyer cash needed$502,136.93
Remaining funds due$502,136.93
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%)$6,249.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$680.77
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$781.25
Prepaid interest, first (15 days)$212.63
Fees + prepaids$13,391.65
Your down payment is the seller’s equity. You take over the $136,155 balance, so the rest of the $624,900 price is paid at closing. A second mortgage can cover part of it. $502,136.93 is due at closing. Uses and sources reconcile at $638,291.65 each. Not a Closing Disclosure.