Follow the dollars · Assumption only
A complete cash picture for Dec 20, 2026
Your down payment$176,238Cash toward the purchase price.
Closing costs + prepaids$12,748Not just lender fees.
Before credits & paid funds$188,987The complete starting cash picture.
Estimated remaining funds due at closing
$188,987No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$176,238.28
Your down payment$176,238.28
Closing costs + prepaids$12,748.34
Total buyer cash needed$188,986.62
Remaining funds due$188,986.62
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%)$4,850.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,543.81
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$582.00
Prepaid interest, first (12 days)$304.53
Fees + prepaids$12,748.34
Your down payment is the seller’s equity. You take over the $308,762 balance, so the rest of the $485,000 price is paid at closing. A second mortgage can cover part of it. $188,986.62 is due at closing. Uses and sources reconcile at $497,748.34 each. Not a Closing Disclosure.