Follow the dollars · Assumption only
A complete cash picture for Nov 29, 2026
Your down payment$175,500Cash toward the purchase price.
Closing costs + prepaids$12,809Not just lender fees.
Before credits & paid funds$188,309The complete starting cash picture.
Estimated remaining funds due at closing
$188,309No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$175,499.59
Your down payment$175,499.59
Closing costs + prepaids$12,809.38
Total buyer cash needed$188,308.97
Remaining funds due$188,308.97
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%)$1,547.50
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$893.00
Prepaid interest, first (2 days)$50.88
Fees + prepaids$12,809.38
Your down payment is the seller’s equity. You take over the $309,500 balance, so the rest of the $485,000 price is paid at closing. A second mortgage can cover part of it. $188,308.97 is due at closing. Uses and sources reconcile at $497,809.38 each. Not a Closing Disclosure.