Follow the dollars · Assumption only
A complete cash picture for Dec 7, 2026
Your down payment$240,096Cash toward the purchase price.
Closing costs + prepaids$16,291Not just lender fees.
Before credits & paid funds$256,387The complete starting cash picture.
Estimated remaining funds due at closing
$256,387No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$240,095.98
Your down payment$240,095.98
Closing costs + prepaids$16,291.34
Total buyer cash needed$256,387.32
Remaining funds due$256,387.32
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%)$4,950.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,274.52
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$3,316.00
Initial HOA (3 months)$780.00
Prepaid interest, first (25 days)$502.82
Fees + prepaids$16,291.34
Your down payment is the seller’s equity. You take over the $254,904 balance, so the rest of the $495,000 price is paid at closing. A second mortgage can cover part of it. $256,387.32 is due at closing. Uses and sources reconcile at $511,291.34 each. Not a Closing Disclosure.