Follow the dollars · Assumption only
A complete cash picture for Dec 2, 2026
Your down payment$291,250Cash toward the purchase price.
Closing costs + prepaids$12,410Not just lender fees.
Before credits & paid funds$303,660The complete starting cash picture.
Estimated remaining funds due at closing
$303,660No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$291,250.46
Your down payment$291,250.46
Closing costs + prepaids$12,409.53
Total buyer cash needed$303,659.99
Remaining funds due$303,659.99
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%)$968.75
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$605.75
Initial HOA (3 months)$60.00
Prepaid interest, first (30 days)$457.04
Fees + prepaids$12,409.53
Your down payment is the seller’s equity. You take over the $193,750 balance, so the rest of the $485,000 price is paid at closing. A second mortgage can cover part of it. $303,659.99 is due at closing. Uses and sources reconcile at $497,409.53 each. Not a Closing Disclosure.