Follow the dollars · Assumption only
A complete cash picture for Dec 20, 2026
Your down payment$246,751Cash toward the purchase price.
Closing costs + prepaids$12,166Not just lender fees.
Before credits & paid funds$258,917The complete starting cash picture.
Estimated remaining funds due at closing
$258,917No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$246,750.80
Your down payment$246,750.80
Closing costs + prepaids$12,166.23
Total buyer cash needed$258,917.03
Remaining funds due$258,917.03
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%)$4,700.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,116.25
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$564.00
Initial HOA (3 months)$99.99
Prepaid interest, first (12 days)$217.99
Fees + prepaids$12,166.23
Your down payment is the seller’s equity. You take over the $223,249 balance, so the rest of the $470,000 price is paid at closing. A second mortgage can cover part of it. $258,917.03 is due at closing. Uses and sources reconcile at $482,166.23 each. Not a Closing Disclosure.