Follow the dollars · Assumption only
A complete cash picture for Dec 5, 2026
Your down payment$220,042Cash toward the purchase price.
Closing costs + prepaids$13,237Not just lender fees.
Before credits & paid funds$233,279The complete starting cash picture.
Estimated remaining funds due at closing
$233,279No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$220,041.87
Your down payment$220,041.87
Closing costs + prepaids$13,237.02
Total buyer cash needed$233,278.88
Remaining funds due$233,278.88
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%)$4,969.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,384.29
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$837.25
Initial HOA (3 months)$35.76
Prepaid interest, first (27 days)$542.72
Fees + prepaids$13,237.02
Your down payment is the seller’s equity. You take over the $276,858 balance, so the rest of the $496,900 price is paid at closing. A second mortgage can cover part of it. $233,278.88 is due at closing. Uses and sources reconcile at $510,137.02 each. Not a Closing Disclosure.