Follow the dollars · Assumption only
A complete cash picture for Dec 8, 2026
Your down payment$215,009Cash toward the purchase price.
Closing costs + prepaids$15,729Not just lender fees.
Before credits & paid funds$230,738The complete starting cash picture.
Estimated remaining funds due at closing
$230,738No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$215,009.01
Your down payment$215,009.01
Closing costs + prepaids$15,729.33
Total buyer cash needed$230,738.34
Remaining funds due$230,738.34
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%)$6,125.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,987.45
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$466.25
Initial HOA (3 months)$12.51
Prepaid interest, first (24 days)$1,670.12
Fees + prepaids$15,729.33
Your down payment is the seller’s equity. You take over the $397,491 balance, so the rest of the $612,500 price is paid at closing. A second mortgage can cover part of it. $230,738.34 is due at closing. Uses and sources reconcile at $628,229.33 each. Not a Closing Disclosure.