Follow the dollars · Assumption only
A complete cash picture for Dec 1, 2026
Your down payment$275,890Cash toward the purchase price.
Closing costs + prepaids$12,058Not just lender fees.
Before credits & paid funds$287,948The complete starting cash picture.
Estimated remaining funds due at closing
$287,948No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$275,890.22
Your down payment$275,890.22
Closing costs + prepaids$12,058.02
Total buyer cash needed$287,948.24
Remaining funds due$287,948.24
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%)$4,800.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,020.55
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$266.75
Prepaid interest, first (31 days)$502.73
Fees + prepaids$12,058.02
Your down payment is the seller’s equity. You take over the $204,110 balance, so the rest of the $480,000 price is paid at closing. A second mortgage can cover part of it. $287,948.24 is due at closing. Uses and sources reconcile at $492,058.02 each. Not a Closing Disclosure.