Follow the dollars · Assumption only
A complete cash picture for Dec 5, 2026
Your down payment$196,308Cash toward the purchase price.
Closing costs + prepaids$13,617Not just lender fees.
Before credits & paid funds$209,926The complete starting cash picture.
Estimated remaining funds due at closing
$209,926No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$196,308.22
Your down payment$196,308.22
Closing costs + prepaids$13,617.49
Total buyer cash needed$209,925.71
Remaining funds due$209,925.71
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%)$1,443.46
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$1,175.00
Initial HOA (3 months)$66.00
Prepaid interest, first (27 days)$615.03
Fees + prepaids$13,617.49
Your down payment is the seller’s equity. You take over the $288,692 balance, so the rest of the $485,000 price is paid at closing. A second mortgage can cover part of it. $209,925.71 is due at closing. Uses and sources reconcile at $498,617.49 each. Not a Closing Disclosure.