Follow the dollars · Assumption only
A complete cash picture for Dec 1, 2026
Your down payment$215,287Cash toward the purchase price.
Closing costs + prepaids$12,841Not just lender fees.
Before credits & paid funds$228,128The complete starting cash picture.
Estimated remaining funds due at closing
$228,128No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$215,286.74
Your down payment$215,286.74
Closing costs + prepaids$12,840.86
Total buyer cash needed$228,127.60
Remaining funds due$228,127.60
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%)$4,750.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,298.57
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$342.00
Initial HOA (3 months)$336.00
Prepaid interest, first (31 days)$646.29
Fees + prepaids$12,840.86
Your down payment is the seller’s equity. You take over the $259,713 balance, so the rest of the $475,000 price is paid at closing. A second mortgage can cover part of it. $228,127.60 is due at closing. Uses and sources reconcile at $487,840.86 each. Not a Closing Disclosure.