Follow the dollars · Assumption only
A complete cash picture for Dec 1, 2026
Your down payment$223,568Cash toward the purchase price.
Closing costs + prepaids$12,923Not just lender fees.
Before credits & paid funds$236,491The complete starting cash picture.
Estimated remaining funds due at closing
$236,491No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$223,567.70
Your down payment$223,567.70
Closing costs + prepaids$12,923.38
Total buyer cash needed$236,491.07
Remaining funds due$236,491.07
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%)$1,382.16
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$319.00
Initial HOA (3 months)$125.01
Prepaid interest, first (31 days)$629.21
Fees + prepaids$12,923.38
Your down payment is the seller’s equity. You take over the $276,432 balance, so the rest of the $500,000 price is paid at closing. A second mortgage can cover part of it. $236,491.07 is due at closing. Uses and sources reconcile at $512,923.38 each. Not a Closing Disclosure.