Follow the dollars · Assumption only
A complete cash picture for Dec 5, 2026
Your down payment$348,692Cash toward the purchase price.
Closing costs + prepaids$12,465Not just lender fees.
Before credits & paid funds$361,157The complete starting cash picture.
Estimated remaining funds due at closing
$361,157No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$348,692.20
Your down payment$348,692.20
Closing costs + prepaids$12,464.92
Total buyer cash needed$361,157.12
Remaining funds due$361,157.12
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%)$756.54
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$802.75
Prepaid interest, first (27 days)$437.63
Fees + prepaids$12,464.92
Your down payment is the seller’s equity. You take over the $151,308 balance, so the rest of the $500,000 price is paid at closing. A second mortgage can cover part of it. $361,157.12 is due at closing. Uses and sources reconcile at $512,464.92 each. Not a Closing Disclosure.