Follow the dollars · Assumption only
A complete cash picture for Dec 23, 2026
Your down payment$311,319Cash toward the purchase price.
Closing costs + prepaids$11,996Not just lender fees.
Before credits & paid funds$323,315The complete starting cash picture.
Estimated remaining funds due at closing
$323,315No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$311,318.71
Your down payment$311,318.71
Closing costs + prepaids$11,996.12
Total buyer cash needed$323,314.84
Remaining funds due$323,314.84
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%)$4,900.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$893.41
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$588.00
Prepaid interest, first (9 days)$146.71
Fees + prepaids$11,996.12
Your down payment is the seller’s equity. You take over the $178,681 balance, so the rest of the $490,000 price is paid at closing. A second mortgage can cover part of it. $323,314.84 is due at closing. Uses and sources reconcile at $501,996.12 each. Not a Closing Disclosure.