Follow the dollars · Assumption only
A complete cash picture for Dec 10, 2026
Your down payment$242,208Cash toward the purchase price.
Closing costs + prepaids$12,632Not just lender fees.
Before credits & paid funds$254,840The complete starting cash picture.
Estimated remaining funds due at closing
$254,840No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$242,207.75
Your down payment$242,207.75
Closing costs + prepaids$12,632.03
Total buyer cash needed$254,839.77
Remaining funds due$254,839.77
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%)$4,925.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,251.46
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$448.00
Initial HOA (3 months)$90.00
Prepaid interest, first (22 days)$449.57
Fees + prepaids$12,632.03
Your down payment is the seller’s equity. You take over the $250,292 balance, so the rest of the $492,500 price is paid at closing. A second mortgage can cover part of it. $254,839.77 is due at closing. Uses and sources reconcile at $505,132.03 each. Not a Closing Disclosure.