Follow the dollars · Assumption only
A complete cash picture for Dec 9, 2026
Your down payment$188,738Cash toward the purchase price.
Closing costs + prepaids$12,136Not just lender fees.
Before credits & paid funds$200,874The complete starting cash picture.
Estimated remaining funds due at closing
$200,874No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$188,737.66
Your down payment$188,737.66
Closing costs + prepaids$12,136.35
Total buyer cash needed$200,874.01
Remaining funds due$200,874.01
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%)$4,750.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,431.31
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Prepaid interest, first (23 days)$487.04
Fees + prepaids$12,136.35
Your down payment is the seller’s equity. You take over the $286,262 balance, so the rest of the $475,000 price is paid at closing. A second mortgage can cover part of it. $200,874.01 is due at closing. Uses and sources reconcile at $487,136.35 each. Not a Closing Disclosure.