Follow the dollars · Assumption only
A complete cash picture for Dec 5, 2026
Your down payment$173,795Cash toward the purchase price.
Closing costs + prepaids$14,663Not just lender fees.
Before credits & paid funds$188,457The complete starting cash picture.
Estimated remaining funds due at closing
$188,457No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$173,794.72
Your down payment$173,794.72
Closing costs + prepaids$14,662.55
Total buyer cash needed$188,457.26
Remaining funds due$188,457.26
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%)$4,750.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,506.03
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$1,187.50
Initial HOA (3 months)$1,194.00
Prepaid interest, first (27 days)$557.02
Fees + prepaids$14,662.55
Your down payment is the seller’s equity. You take over the $301,205 balance, so the rest of the $475,000 price is paid at closing. A second mortgage can cover part of it. $188,457.26 is due at closing. Uses and sources reconcile at $489,662.55 each. Not a Closing Disclosure.