Follow the dollars · Assumption only
A complete cash picture for Dec 7, 2026
Your down payment$205,532Cash toward the purchase price.
Closing costs + prepaids$15,235Not just lender fees.
Before credits & paid funds$220,767The complete starting cash picture.
Estimated remaining funds due at closing
$220,767No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$205,531.88
Your down payment$205,531.88
Closing costs + prepaids$15,234.91
Total buyer cash needed$220,766.78
Remaining funds due$220,766.78
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%)$5,570.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,757.34
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$1,727.00
Prepaid interest, first (25 days)$712.57
Fees + prepaids$15,234.91
Your down payment is the seller’s equity. You take over the $351,468 balance, so the rest of the $557,000 price is paid at closing. A second mortgage can cover part of it. $220,766.78 is due at closing. Uses and sources reconcile at $572,234.91 each. Not a Closing Disclosure.