Follow the dollars · Assumption only
A complete cash picture for Dec 5, 2026
Your down payment$262,125Cash toward the purchase price.
Closing costs + prepaids$15,234Not just lender fees.
Before credits & paid funds$277,359The complete starting cash picture.
Estimated remaining funds due at closing
$277,359No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$262,124.81
Your down payment$262,124.81
Closing costs + prepaids$15,233.74
Total buyer cash needed$277,358.55
Remaining funds due$277,358.55
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%)$1,114.38
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$1,491.00
Initial HOA (3 months)$1,275.00
Prepaid interest, first (27 days)$1,035.36
Fees + prepaids$15,233.74
Your down payment is the seller’s equity. You take over the $222,875 balance, so the rest of the $485,000 price is paid at closing. A second mortgage can cover part of it. $277,358.55 is due at closing. Uses and sources reconcile at $500,233.74 each. Not a Closing Disclosure.