Follow the dollars · Assumption only
A complete cash picture for Dec 4, 2026
Your down payment$246,896Cash toward the purchase price.
Closing costs + prepaids$13,351Not just lender fees.
Before credits & paid funds$260,247The complete starting cash picture.
Estimated remaining funds due at closing
$260,247No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$246,896.00
Your down payment$246,896.00
Closing costs + prepaids$13,351.16
Total buyer cash needed$260,247.16
Remaining funds due$260,247.16
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%)$1,215.52
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$1,082.25
Initial HOA (3 months)$180.00
Prepaid interest, first (28 days)$505.39
Fees + prepaids$13,351.16
Your down payment is the seller’s equity. You take over the $243,104 balance, so the rest of the $490,000 price is paid at closing. A second mortgage can cover part of it. $260,247.16 is due at closing. Uses and sources reconcile at $503,351.16 each. Not a Closing Disclosure.