Follow the dollars · Assumption only
A complete cash picture for Dec 7, 2026
Your down payment$197,378Cash toward the purchase price.
Closing costs + prepaids$14,567Not just lender fees.
Before credits & paid funds$211,946The complete starting cash picture.
Estimated remaining funds due at closing
$211,946No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$197,378.13
Your down payment$197,378.13
Closing costs + prepaids$14,567.49
Total buyer cash needed$211,945.62
Remaining funds due$211,945.62
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%)$5,000.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,513.11
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$1,712.50
Initial HOA (3 months)$279.00
Prepaid interest, first (25 days)$594.88
Fees + prepaids$14,567.49
Your down payment is the seller’s equity. You take over the $302,622 balance, so the rest of the $500,000 price is paid at closing. A second mortgage can cover part of it. $211,945.62 is due at closing. Uses and sources reconcile at $514,567.49 each. Not a Closing Disclosure.