Follow the dollars · Assumption only
A complete cash picture for Dec 1, 2026
Your down payment$233,266Cash toward the purchase price.
Closing costs + prepaids$13,107Not just lender fees.
Before credits & paid funds$246,373The complete starting cash picture.
Estimated remaining funds due at closing
$246,373No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$233,266.28
Your down payment$233,266.28
Closing costs + prepaids$13,107.17
Total buyer cash needed$246,373.45
Remaining funds due$246,373.45
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%)$4,880.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,273.67
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$557.25
Initial HOA (3 months)$303.00
Prepaid interest, first (31 days)$625.25
Fees + prepaids$13,107.17
Your down payment is the seller’s equity. You take over the $254,734 balance, so the rest of the $488,000 price is paid at closing. A second mortgage can cover part of it. $246,373.45 is due at closing. Uses and sources reconcile at $501,107.17 each. Not a Closing Disclosure.