Follow the dollars · Assumption only
A complete cash picture for Dec 7, 2026
Your down payment$218,158Cash toward the purchase price.
Closing costs + prepaids$12,823Not just lender fees.
Before credits & paid funds$230,980The complete starting cash picture.
Estimated remaining funds due at closing
$230,980No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$218,157.56
Your down payment$218,157.56
Closing costs + prepaids$12,822.52
Total buyer cash needed$230,980.09
Remaining funds due$230,980.09
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%)$1,284.21
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$482.25
Initial HOA (3 months)$297.99
Prepaid interest, first (25 days)$540.07
Fees + prepaids$12,822.52
Your down payment is the seller’s equity. You take over the $256,842 balance, so the rest of the $475,000 price is paid at closing. A second mortgage can cover part of it. $230,980.09 is due at closing. Uses and sources reconcile at $487,822.52 each. Not a Closing Disclosure.