Follow the dollars · Assumption only
A complete cash picture for Dec 9, 2026
Your down payment$111,441Cash toward the purchase price.
Closing costs + prepaids$8,598Not just lender fees.
Before credits & paid funds$120,039The complete starting cash picture.
Estimated remaining funds due at closing
$120,039No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$111,440.96
Your down payment$111,440.96
Closing costs + prepaids$8,597.88
Total buyer cash needed$120,038.84
Remaining funds due$120,038.84
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%)$2,200.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$542.80
Home insurance (12 months up front)$1,800.00
Insurance escrow (3 months)$450.00
Property tax escrow (3 months)$342.25
Prepaid interest, first (23 days)$294.83
Fees + prepaids$8,597.88
Your down payment is the seller’s equity. You take over the $108,559 balance, so the rest of the $220,000 price is paid at closing. A second mortgage can cover part of it. $120,038.84 is due at closing. Uses and sources reconcile at $228,597.88 each. Not a Closing Disclosure.