Follow the dollars · Assumption only
A complete cash picture for Dec 6, 2026
Your down payment$253,911Cash toward the purchase price.
Closing costs + prepaids$12,019Not just lender fees.
Before credits & paid funds$265,930The complete starting cash picture.
Estimated remaining funds due at closing
$265,930No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$253,910.69
Your down payment$253,910.69
Closing costs + prepaids$12,018.89
Total buyer cash needed$265,929.59
Remaining funds due$265,929.59
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%)$4,750.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,105.45
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$151.75
Initial HOA (3 months)$35.01
Prepaid interest, first (26 days)$508.69
Fees + prepaids$12,018.89
Your down payment is the seller’s equity. You take over the $221,089 balance, so the rest of the $475,000 price is paid at closing. A second mortgage can cover part of it. $265,929.59 is due at closing. Uses and sources reconcile at $487,018.89 each. Not a Closing Disclosure.