Follow the dollars · Assumption only
A complete cash picture for Dec 7, 2026
Your down payment$220,330Cash toward the purchase price.
Closing costs + prepaids$11,639Not just lender fees.
Before credits & paid funds$231,968The complete starting cash picture.
Estimated remaining funds due at closing
$231,968No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$220,329.62
Your down payment$220,329.62
Closing costs + prepaids$11,638.52
Total buyer cash needed$231,968.14
Remaining funds due$231,968.14
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%)$4,200.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$998.35
Home insurance (12 months up front)$1,800.00
Insurance escrow (3 months)$450.00
Property tax escrow (3 months)$707.00
Initial HOA (3 months)$62.49
Prepaid interest, first (25 days)$452.68
Fees + prepaids$11,638.52
Your down payment is the seller’s equity. You take over the $199,670 balance, so the rest of the $420,000 price is paid at closing. A second mortgage can cover part of it. $231,968.14 is due at closing. Uses and sources reconcile at $431,638.52 each. Not a Closing Disclosure.