Follow the dollars · Assumption only
A complete cash picture for Dec 10, 2026
Your down payment$292,111Cash toward the purchase price.
Closing costs + prepaids$12,380Not just lender fees.
Before credits & paid funds$304,491The complete starting cash picture.
Estimated remaining funds due at closing
$304,491No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$292,110.93
Your down payment$292,110.93
Closing costs + prepaids$12,379.75
Total buyer cash needed$304,490.68
Remaining funds due$304,490.68
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%)$4,900.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$989.45
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$480.75
Initial HOA (3 months)$204.00
Prepaid interest, first (22 days)$337.55
Fees + prepaids$12,379.75
Your down payment is the seller’s equity. You take over the $197,889 balance, so the rest of the $490,000 price is paid at closing. A second mortgage can cover part of it. $304,490.68 is due at closing. Uses and sources reconcile at $502,379.75 each. Not a Closing Disclosure.