Follow the dollars · Assumption only
A complete cash picture for Dec 9, 2026
Your down payment$348,413Cash toward the purchase price.
Closing costs + prepaids$12,464Not just lender fees.
Before credits & paid funds$360,876The complete starting cash picture.
Estimated remaining funds due at closing
$360,876No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$348,412.60
Your down payment$348,412.60
Closing costs + prepaids$12,463.72
Total buyer cash needed$360,876.33
Remaining funds due$360,876.33
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%)$5,000.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$757.94
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$670.00
Initial HOA (3 months)$222.00
Prepaid interest, first (23 days)$345.79
Fees + prepaids$12,463.72
Your down payment is the seller’s equity. You take over the $151,587 balance, so the rest of the $500,000 price is paid at closing. A second mortgage can cover part of it. $360,876.33 is due at closing. Uses and sources reconcile at $512,463.72 each. Not a Closing Disclosure.