Follow the dollars · Assumption only
A complete cash picture for Dec 10, 2026
Your down payment$240,748Cash toward the purchase price.
Closing costs + prepaids$12,415Not just lender fees.
Before credits & paid funds$253,163The complete starting cash picture.
Estimated remaining funds due at closing
$253,163No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$240,748.12
Your down payment$240,748.12
Closing costs + prepaids$12,414.64
Total buyer cash needed$253,162.77
Remaining funds due$253,162.77
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%)$4,788.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,190.26
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$332.50
Initial HOA (3 months)$204.00
Prepaid interest, first (22 days)$431.88
Fees + prepaids$12,414.64
Your down payment is the seller’s equity. You take over the $238,052 balance, so the rest of the $478,800 price is paid at closing. A second mortgage can cover part of it. $253,162.77 is due at closing. Uses and sources reconcile at $491,214.64 each. Not a Closing Disclosure.