Follow the dollars · Assumption only
A complete cash picture for Dec 7, 2026
Your down payment$223,224Cash toward the purchase price.
Closing costs + prepaids$14,073Not just lender fees.
Before credits & paid funds$237,297The complete starting cash picture.
Estimated remaining funds due at closing
$237,297No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$223,223.99
Your down payment$223,223.99
Closing costs + prepaids$14,072.53
Total buyer cash needed$237,296.51
Remaining funds due$237,296.51
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%)$4,989.90
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,378.83
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$1,247.50
Initial HOA (3 months)$195.00
Prepaid interest, first (25 days)$793.30
Fees + prepaids$14,072.53
Your down payment is the seller’s equity. You take over the $275,766 balance, so the rest of the $498,990 price is paid at closing. A second mortgage can cover part of it. $237,296.51 is due at closing. Uses and sources reconcile at $513,062.53 each. Not a Closing Disclosure.