Follow the dollars · Assumption only
A complete cash picture for Dec 7, 2026
Your down payment$16,600Cash toward the purchase price.
Closing costs + prepaids$10,040Not just lender fees.
Before credits & paid funds$26,641The complete starting cash picture.
Estimated remaining funds due at closing
$26,641No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$16,600.49
Your down payment$16,600.49
Closing costs + prepaids$10,040.10
Total buyer cash needed$26,640.59
Remaining funds due$26,640.59
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%)$2,290.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,062.00
Home insurance (12 months up front)$1,800.00
Insurance escrow (3 months)$450.00
Property tax escrow (3 months)$572.50
Prepaid interest, first (25 days)$897.61
Fees + prepaids$10,040.10
Your down payment is the seller’s equity. You take over the $212,400 balance, so the rest of the $229,000 price is paid at closing. A second mortgage can cover part of it. $26,640.59 is due at closing. Uses and sources reconcile at $239,040.10 each. Not a Closing Disclosure.