Follow the dollars · Assumption only
A complete cash picture for Dec 7, 2026
Your down payment$116,799Cash toward the purchase price.
Closing costs + prepaids$15,002Not just lender fees.
Before credits & paid funds$131,801The complete starting cash picture.
Estimated remaining funds due at closing
$131,801No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$116,798.84
Your down payment$116,798.84
Closing costs + prepaids$15,002.34
Total buyer cash needed$131,801.19
Remaining funds due$131,801.19
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%)$4,780.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,806.01
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$1,340.25
Prepaid interest, first (25 days)$1,608.09
Fees + prepaids$15,002.34
Your down payment is the seller’s equity. You take over the $361,201 balance, so the rest of the $478,000 price is paid at closing. A second mortgage can cover part of it. $131,801.19 is due at closing. Uses and sources reconcile at $493,002.34 each. Not a Closing Disclosure.