Follow the dollars · Assumption only
A complete cash picture for Dec 20, 2026
Your down payment$334,933Cash toward the purchase price.
Closing costs + prepaids$11,883Not just lender fees.
Before credits & paid funds$346,816The complete starting cash picture.
Estimated remaining funds due at closing
$346,816No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$334,933.29
Your down payment$334,933.29
Closing costs + prepaids$11,883.02
Total buyer cash needed$346,816.31
Remaining funds due$346,816.31
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%)$4,880.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$765.33
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$585.50
Prepaid interest, first (12 days)$184.18
Fees + prepaids$11,883.02
Your down payment is the seller’s equity. You take over the $153,067 balance, so the rest of the $488,000 price is paid at closing. A second mortgage can cover part of it. $346,816.31 is due at closing. Uses and sources reconcile at $499,883.02 each. Not a Closing Disclosure.