Follow the dollars · Assumption only
A complete cash picture for Dec 6, 2026
Your down payment$228,382Cash toward the purchase price.
Closing costs + prepaids$13,077Not just lender fees.
Before credits & paid funds$241,459The complete starting cash picture.
Estimated remaining funds due at closing
$241,459No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$228,382.46
Your down payment$228,382.46
Closing costs + prepaids$13,076.93
Total buyer cash needed$241,459.39
Remaining funds due$241,459.39
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%)$5,050.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,383.09
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$498.50
Initial HOA (3 months)$234.00
Prepaid interest, first (26 days)$443.35
Fees + prepaids$13,076.93
Your down payment is the seller’s equity. You take over the $276,618 balance, so the rest of the $505,000 price is paid at closing. A second mortgage can cover part of it. $241,459.39 is due at closing. Uses and sources reconcile at $518,076.93 each. Not a Closing Disclosure.