Follow the dollars · Assumption only
A complete cash picture for Dec 20, 2026
Your down payment$397,469Cash toward the purchase price.
Closing costs + prepaids$10,595Not just lender fees.
Before credits & paid funds$408,064The complete starting cash picture.
Estimated remaining funds due at closing
$408,064No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$397,469.41
Your down payment$397,469.41
Closing costs + prepaids$10,594.92
Total buyer cash needed$408,064.33
Remaining funds due$408,064.33
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%)$4,500.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$262.65
Home insurance (12 months up front)$1,800.00
Insurance escrow (3 months)$450.00
Property tax escrow (3 months)$540.00
Prepaid interest, first (12 days)$74.26
Fees + prepaids$10,594.92
Your down payment is the seller’s equity. You take over the $52,531 balance, so the rest of the $450,000 price is paid at closing. A second mortgage can cover part of it. $408,064.33 is due at closing. Uses and sources reconcile at $460,594.92 each. Not a Closing Disclosure.