Follow the dollars · Assumption only
A complete cash picture for Nov 29, 2026
Your down payment$276,615Cash toward the purchase price.
Closing costs + prepaids$12,016Not just lender fees.
Before credits & paid funds$288,632The complete starting cash picture.
Estimated remaining funds due at closing
$288,632No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$276,615.30
Your down payment$276,615.30
Closing costs + prepaids$12,016.35
Total buyer cash needed$288,631.64
Remaining funds due$288,631.64
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%)$4,750.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$991.92
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$779.25
Prepaid interest, first (2 days)$27.18
Fees + prepaids$12,016.35
Your down payment is the seller’s equity. You take over the $198,385 balance, so the rest of the $475,000 price is paid at closing. A second mortgage can cover part of it. $288,631.64 is due at closing. Uses and sources reconcile at $487,016.35 each. Not a Closing Disclosure.