Follow the dollars · Assumption only
A complete cash picture for Dec 10, 2026
Your down payment$362,321Cash toward the purchase price.
Closing costs + prepaids$12,281Not just lender fees.
Before credits & paid funds$374,602The complete starting cash picture.
Estimated remaining funds due at closing
$374,602No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$362,321.25
Your down payment$362,321.25
Closing costs + prepaids$12,280.70
Total buyer cash needed$374,601.95
Remaining funds due$374,601.95
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%)$613.39
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$938.75
Initial HOA (3 months)$29.01
Prepaid interest, first (22 days)$381.55
Fees + prepaids$12,280.70
Your down payment is the seller’s equity. You take over the $122,679 balance, so the rest of the $485,000 price is paid at closing. A second mortgage can cover part of it. $374,601.95 is due at closing. Uses and sources reconcile at $497,280.70 each. Not a Closing Disclosure.