Follow the dollars · Assumption only
A complete cash picture for Dec 23, 2026
Your down payment$280,500Cash toward the purchase price.
Closing costs + prepaids$11,888Not just lender fees.
Before credits & paid funds$292,388The complete starting cash picture.
Estimated remaining funds due at closing
$292,388No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$280,499.69
Your down payment$280,499.69
Closing costs + prepaids$11,888.07
Total buyer cash needed$292,387.77
Remaining funds due$292,387.77
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%)$4,750.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$972.50
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$570.00
Prepaid interest, first (9 days)$127.57
Fees + prepaids$11,888.07
Your down payment is the seller’s equity. You take over the $194,500 balance, so the rest of the $475,000 price is paid at closing. A second mortgage can cover part of it. $292,387.77 is due at closing. Uses and sources reconcile at $486,888.07 each. Not a Closing Disclosure.