Follow the dollars · Assumption only
A complete cash picture for Nov 29, 2026
Your down payment$125,503Cash toward the purchase price.
Closing costs + prepaids$12,553Not just lender fees.
Before credits & paid funds$138,056The complete starting cash picture.
Estimated remaining funds due at closing
$138,056No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$125,502.70
Your down payment$125,502.70
Closing costs + prepaids$12,553.05
Total buyer cash needed$138,055.75
Remaining funds due$138,055.75
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%)$1,772.49
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$381.25
Prepaid interest, first (2 days)$131.31
Fees + prepaids$12,553.05
Your down payment is the seller’s equity. You take over the $354,497 balance, so the rest of the $480,000 price is paid at closing. A second mortgage can cover part of it. $138,055.75 is due at closing. Uses and sources reconcile at $492,553.05 each. Not a Closing Disclosure.