Follow the dollars · Assumption only
A complete cash picture for Dec 7, 2026
Your down payment$264,745Cash toward the purchase price.
Closing costs + prepaids$13,570Not just lender fees.
Before credits & paid funds$278,315The complete starting cash picture.
Estimated remaining funds due at closing
$278,315No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$264,745.20
Your down payment$264,745.20
Closing costs + prepaids$13,569.86
Total buyer cash needed$278,315.06
Remaining funds due$278,315.06
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%)$5,100.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,226.27
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$1,275.00
Prepaid interest, first (25 days)$500.59
Fees + prepaids$13,569.86
Your down payment is the seller’s equity. You take over the $245,255 balance, so the rest of the $510,000 price is paid at closing. A second mortgage can cover part of it. $278,315.06 is due at closing. Uses and sources reconcile at $523,569.86 each. Not a Closing Disclosure.