Follow the dollars · Assumption only
A complete cash picture for Dec 8, 2026
Your down payment$233,796Cash toward the purchase price.
Closing costs + prepaids$12,948Not just lender fees.
Before credits & paid funds$246,744The complete starting cash picture.
Estimated remaining funds due at closing
$246,744No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$233,796.11
Your down payment$233,796.11
Closing costs + prepaids$12,948.02
Total buyer cash needed$246,744.14
Remaining funds due$246,744.14
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%)$4,700.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,181.02
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$1,175.00
Prepaid interest, first (24 days)$424.00
Fees + prepaids$12,948.02
Your down payment is the seller’s equity. You take over the $236,204 balance, so the rest of the $470,000 price is paid at closing. A second mortgage can cover part of it. $246,744.14 is due at closing. Uses and sources reconcile at $482,948.02 each. Not a Closing Disclosure.