Follow the dollars · Assumption only
A complete cash picture for Dec 8, 2026
Your down payment$298,893Cash toward the purchase price.
Closing costs + prepaids$11,998Not just lender fees.
Before credits & paid funds$310,891The complete starting cash picture.
Estimated remaining funds due at closing
$310,891No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$298,893.40
Your down payment$298,893.40
Closing costs + prepaids$11,998.06
Total buyer cash needed$310,891.46
Remaining funds due$310,891.46
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%)$4,600.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$805.53
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$735.75
Prepaid interest, first (24 days)$388.77
Fees + prepaids$11,998.06
Your down payment is the seller’s equity. You take over the $161,107 balance, so the rest of the $460,000 price is paid at closing. A second mortgage can cover part of it. $310,891.46 is due at closing. Uses and sources reconcile at $471,998.06 each. Not a Closing Disclosure.