Follow the dollars · Assumption only
A complete cash picture for Dec 23, 2026
Your down payment$234,204Cash toward the purchase price.
Closing costs + prepaids$12,656Not just lender fees.
Before credits & paid funds$246,860The complete starting cash picture.
Estimated remaining funds due at closing
$246,860No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$234,203.87
Your down payment$234,203.87
Closing costs + prepaids$12,656.26
Total buyer cash needed$246,860.13
Remaining funds due$246,860.13
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%)$5,050.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,353.98
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$606.00
Prepaid interest, first (9 days)$178.28
Fees + prepaids$12,656.26
Your down payment is the seller’s equity. You take over the $270,796 balance, so the rest of the $505,000 price is paid at closing. A second mortgage can cover part of it. $246,860.13 is due at closing. Uses and sources reconcile at $517,656.26 each. Not a Closing Disclosure.