Follow the dollars · Assumption only
A complete cash picture for Nov 29, 2026
Your down payment$239,415Cash toward the purchase price.
Closing costs + prepaids$12,523Not just lender fees.
Before credits & paid funds$251,938The complete starting cash picture.
Estimated remaining funds due at closing
$251,938No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$239,414.91
Your down payment$239,414.91
Closing costs + prepaids$12,523.00
Total buyer cash needed$251,937.91
Remaining funds due$251,937.91
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%)$4,800.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,202.93
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$997.50
Prepaid interest, first (2 days)$54.58
Fees + prepaids$12,523.00
Your down payment is the seller’s equity. You take over the $240,585 balance, so the rest of the $480,000 price is paid at closing. A second mortgage can cover part of it. $251,937.91 is due at closing. Uses and sources reconcile at $492,523.00 each. Not a Closing Disclosure.