Follow the dollars · Assumption only
A complete cash picture for Dec 9, 2026
Your down payment$311,023Cash toward the purchase price.
Closing costs + prepaids$13,468Not just lender fees.
Before credits & paid funds$324,492The complete starting cash picture.
Estimated remaining funds due at closing
$324,492No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$311,023.32
Your down payment$311,023.32
Closing costs + prepaids$13,468.37
Total buyer cash needed$324,491.68
Remaining funds due$324,491.68
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%)$4,850.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$869.88
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$899.75
Initial HOA (3 months)$1,065.00
Prepaid interest, first (23 days)$315.73
Fees + prepaids$13,468.37
Your down payment is the seller’s equity. You take over the $173,977 balance, so the rest of the $485,000 price is paid at closing. A second mortgage can cover part of it. $324,491.68 is due at closing. Uses and sources reconcile at $498,468.37 each. Not a Closing Disclosure.