Follow the dollars · Assumption only
A complete cash picture for Dec 8, 2026
Your down payment$270,093Cash toward the purchase price.
Closing costs + prepaids$13,240Not just lender fees.
Before credits & paid funds$283,333The complete starting cash picture.
Estimated remaining funds due at closing
$283,333No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$270,092.70
Your down payment$270,092.70
Closing costs + prepaids$13,240.32
Total buyer cash needed$283,333.02
Remaining funds due$283,333.02
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%)$4,647.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$973.04
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$641.75
Initial HOA (3 months)$1,023.00
Prepaid interest, first (24 days)$487.53
Fees + prepaids$13,240.32
Your down payment is the seller’s equity. You take over the $194,607 balance, so the rest of the $464,700 price is paid at closing. A second mortgage can cover part of it. $283,333.02 is due at closing. Uses and sources reconcile at $477,940.32 each. Not a Closing Disclosure.