Follow the dollars · Assumption only
A complete cash picture for Dec 6, 2026
Your down payment$298,553Cash toward the purchase price.
Closing costs + prepaids$12,892Not just lender fees.
Before credits & paid funds$311,445The complete starting cash picture.
Estimated remaining funds due at closing
$311,445No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$298,553.12
Your down payment$298,553.12
Closing costs + prepaids$12,892.24
Total buyer cash needed$311,445.36
Remaining funds due$311,445.36
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%)$882.23
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$1,342.50
Initial HOA (3 months)$81.24
Prepaid interest, first (26 days)$368.27
Fees + prepaids$12,892.24
Your down payment is the seller’s equity. You take over the $176,447 balance, so the rest of the $475,000 price is paid at closing. A second mortgage can cover part of it. $311,445.36 is due at closing. Uses and sources reconcile at $487,892.24 each. Not a Closing Disclosure.