Follow the dollars · Assumption only
A complete cash picture for Nov 29, 2026
Your down payment$184,425Cash toward the purchase price.
Closing costs + prepaids$14,170Not just lender fees.
Before credits & paid funds$198,596The complete starting cash picture.
Estimated remaining funds due at closing
$198,596No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$184,425.46
Your down payment$184,425.46
Closing costs + prepaids$14,170.06
Total buyer cash needed$198,595.52
Remaining funds due$198,595.52
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%)$4,850.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,502.87
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$1,837.25
Initial HOA (3 months)$465.99
Prepaid interest, first (2 days)$45.95
Fees + prepaids$14,170.06
Your down payment is the seller’s equity. You take over the $300,575 balance, so the rest of the $485,000 price is paid at closing. A second mortgage can cover part of it. $198,595.52 is due at closing. Uses and sources reconcile at $499,170.06 each. Not a Closing Disclosure.