Follow the dollars · Assumption only
A complete cash picture for Dec 4, 2026
Your down payment$221,575Cash toward the purchase price.
Closing costs + prepaids$21,127Not just lender fees.
Before credits & paid funds$242,702The complete starting cash picture.
Estimated remaining funds due at closing
$242,702No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$221,575.09
Your down payment$221,575.09
Closing costs + prepaids$21,127.04
Total buyer cash needed$242,702.14
Remaining funds due$242,702.14
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%)$7,450.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$2,617.12
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$1,862.50
Initial HOA (3 months)$510.00
Prepaid interest, first (28 days)$2,469.42
Fees + prepaids$21,127.04
Your down payment is the seller’s equity. You take over the $523,425 balance, so the rest of the $745,000 price is paid at closing. A second mortgage can cover part of it. $242,702.14 is due at closing. Uses and sources reconcile at $766,127.04 each. Not a Closing Disclosure.