Follow the dollars · Assumption only
A complete cash picture for Dec 9, 2026
Your down payment$301,411Cash toward the purchase price.
Closing costs + prepaids$12,582Not just lender fees.
Before credits & paid funds$313,993The complete starting cash picture.
Estimated remaining funds due at closing
$313,993No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$301,411.22
Your down payment$301,411.22
Closing costs + prepaids$12,582.09
Total buyer cash needed$313,993.31
Remaining funds due$313,993.31
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%)$5,000.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$992.94
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$477.50
Initial HOA (3 months)$282.00
Prepaid interest, first (23 days)$361.65
Fees + prepaids$12,582.09
Your down payment is the seller’s equity. You take over the $198,589 balance, so the rest of the $500,000 price is paid at closing. A second mortgage can cover part of it. $313,993.31 is due at closing. Uses and sources reconcile at $512,582.09 each. Not a Closing Disclosure.