Follow the dollars · Assumption only
A complete cash picture for Dec 6, 2026
Your down payment$246,528Cash toward the purchase price.
Closing costs + prepaids$13,657Not just lender fees.
Before credits & paid funds$260,185The complete starting cash picture.
Estimated remaining funds due at closing
$260,185No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$246,528.18
Your down payment$246,528.18
Closing costs + prepaids$13,657.09
Total buyer cash needed$260,185.26
Remaining funds due$260,185.26
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%)$1,192.36
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$1,657.50
Prepaid interest, first (26 days)$489.23
Fees + prepaids$13,657.09
Your down payment is the seller’s equity. You take over the $238,472 balance, so the rest of the $485,000 price is paid at closing. A second mortgage can cover part of it. $260,185.26 is due at closing. Uses and sources reconcile at $498,657.09 each. Not a Closing Disclosure.