Follow the dollars · Assumption only
A complete cash picture for Dec 1, 2026
Your down payment$298,876Cash toward the purchase price.
Closing costs + prepaids$12,670Not just lender fees.
Before credits & paid funds$311,546The complete starting cash picture.
Estimated remaining funds due at closing
$311,546No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$298,876.11
Your down payment$298,876.11
Closing costs + prepaids$12,670.26
Total buyer cash needed$311,546.37
Remaining funds due$311,546.37
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%)$4,899.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$955.12
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$742.25
Initial HOA (3 months)$150.00
Prepaid interest, first (31 days)$455.89
Fees + prepaids$12,670.26
Your down payment is the seller’s equity. You take over the $191,024 balance, so the rest of the $489,900 price is paid at closing. A second mortgage can cover part of it. $311,546.37 is due at closing. Uses and sources reconcile at $502,570.26 each. Not a Closing Disclosure.