Follow the dollars · Assumption only
A complete cash picture for Dec 2, 2026
Your down payment$299,110Cash toward the purchase price.
Closing costs + prepaids$12,920Not just lender fees.
Before credits & paid funds$312,030The complete starting cash picture.
Estimated remaining funds due at closing
$312,030No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$299,109.60
Your down payment$299,109.60
Closing costs + prepaids$12,920.00
Total buyer cash needed$312,029.60
Remaining funds due$312,029.60
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%)$4,950.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$979.45
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$871.25
Initial HOA (3 months)$24.99
Prepaid interest, first (30 days)$626.31
Fees + prepaids$12,920.00
Your down payment is the seller’s equity. You take over the $195,890 balance, so the rest of the $495,000 price is paid at closing. A second mortgage can cover part of it. $312,029.60 is due at closing. Uses and sources reconcile at $507,920.00 each. Not a Closing Disclosure.