Follow the dollars · Assumption only
A complete cash picture for Dec 4, 2026
Your down payment$220,767Cash toward the purchase price.
Closing costs + prepaids$27,541Not just lender fees.
Before credits & paid funds$248,307The complete starting cash picture.
Estimated remaining funds due at closing
$248,307No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$220,766.51
Your down payment$220,766.51
Closing costs + prepaids$27,540.83
Total buyer cash needed$248,307.34
Remaining funds due$248,307.34
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%)$12,250.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$5,021.17
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$1,859.00
Initial HOA (3 months)$12.51
Prepaid interest, first (28 days)$2,180.15
Fees + prepaids$27,540.83
Your down payment is the seller’s equity. You take over the $1,004,233 balance, so the rest of the $1,225,000 price is paid at closing. A second mortgage can cover part of it. $248,307.34 is due at closing. Uses and sources reconcile at $1,252,540.83 each. Not a Closing Disclosure.