Follow the dollars · Assumption only
A complete cash picture for Dec 6, 2026
Your down payment$284,009Cash toward the purchase price.
Closing costs + prepaids$12,083Not just lender fees.
Before credits & paid funds$296,092The complete starting cash picture.
Estimated remaining funds due at closing
$296,092No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$284,009.11
Your down payment$284,009.11
Closing costs + prepaids$12,083.04
Total buyer cash needed$296,092.15
Remaining funds due$296,092.15
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%)$1,004.95
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$112.50
Initial HOA (3 months)$125.01
Prepaid interest, first (26 days)$522.58
Fees + prepaids$12,083.04
Your down payment is the seller’s equity. You take over the $200,991 balance, so the rest of the $485,000 price is paid at closing. A second mortgage can cover part of it. $296,092.15 is due at closing. Uses and sources reconcile at $497,083.04 each. Not a Closing Disclosure.