Follow the dollars · Assumption only
A complete cash picture for Dec 4, 2026
Your down payment$398,506Cash toward the purchase price.
Closing costs + prepaids$12,200Not just lender fees.
Before credits & paid funds$410,706The complete starting cash picture.
Estimated remaining funds due at closing
$410,706No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$398,505.96
Your down payment$398,505.96
Closing costs + prepaids$12,199.81
Total buyer cash needed$410,705.77
Remaining funds due$410,705.77
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%)$5,050.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$532.47
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$818.00
Initial HOA (3 months)$24.99
Prepaid interest, first (28 days)$306.35
Fees + prepaids$12,199.81
Your down payment is the seller’s equity. You take over the $106,494 balance, so the rest of the $505,000 price is paid at closing. A second mortgage can cover part of it. $410,705.77 is due at closing. Uses and sources reconcile at $517,199.81 each. Not a Closing Disclosure.