Follow the dollars · Assumption only
A complete cash picture for Dec 28, 2026
Your down payment$239,947Cash toward the purchase price.
Closing costs + prepaids$12,801Not just lender fees.
Before credits & paid funds$252,748The complete starting cash picture.
Estimated remaining funds due at closing
$252,748No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$239,946.78
Your down payment$239,946.78
Closing costs + prepaids$12,801.18
Total buyer cash needed$252,747.96
Remaining funds due$252,747.96
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%)$4,800.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,200.27
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$1,224.00
Prepaid interest, first (4 days)$108.91
Fees + prepaids$12,801.18
Your down payment is the seller’s equity. You take over the $240,053 balance, so the rest of the $480,000 price is paid at closing. A second mortgage can cover part of it. $252,747.96 is due at closing. Uses and sources reconcile at $492,801.18 each. Not a Closing Disclosure.