Follow the dollars · Assumption only
A complete cash picture for Dec 10, 2026
Your down payment$240,688Cash toward the purchase price.
Closing costs + prepaids$12,410Not just lender fees.
Before credits & paid funds$253,098The complete starting cash picture.
Estimated remaining funds due at closing
$253,098No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$240,688.49
Your down payment$240,688.49
Closing costs + prepaids$12,409.89
Total buyer cash needed$253,098.38
Remaining funds due$253,098.38
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%)$4,995.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,294.06
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$64.00
Initial HOA (3 months)$138.00
Prepaid interest, first (22 days)$450.83
Fees + prepaids$12,409.89
Your down payment is the seller’s equity. You take over the $258,812 balance, so the rest of the $499,500 price is paid at closing. A second mortgage can cover part of it. $253,098.38 is due at closing. Uses and sources reconcile at $511,909.89 each. Not a Closing Disclosure.