Follow the dollars · Assumption only
A complete cash picture for Dec 14, 2026
Your down payment$227,582Cash toward the purchase price.
Closing costs + prepaids$13,090Not just lender fees.
Before credits & paid funds$240,672The complete starting cash picture.
Estimated remaining funds due at closing
$240,672No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$227,582.10
Your down payment$227,582.10
Closing costs + prepaids$13,089.99
Total buyer cash needed$240,672.09
Remaining funds due$240,672.09
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%)$4,900.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,312.09
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$620.25
Initial HOA (3 months)$426.00
Prepaid interest, first (18 days)$363.65
Fees + prepaids$13,089.99
Your down payment is the seller’s equity. You take over the $262,418 balance, so the rest of the $490,000 price is paid at closing. A second mortgage can cover part of it. $240,672.09 is due at closing. Uses and sources reconcile at $503,089.99 each. Not a Closing Disclosure.