Follow the dollars · Assumption only
A complete cash picture for Dec 8, 2026
Your down payment$221,747Cash toward the purchase price.
Closing costs + prepaids$20,257Not just lender fees.
Before credits & paid funds$242,004The complete starting cash picture.
Estimated remaining funds due at closing
$242,004No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$221,746.60
Your down payment$221,746.60
Closing costs + prepaids$20,257.33
Total buyer cash needed$242,003.93
Remaining funds due$242,003.93
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%)$7,430.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$2,606.27
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$1,857.50
Prepaid interest, first (24 days)$2,145.56
Fees + prepaids$20,257.33
Your down payment is the seller’s equity. You take over the $521,253 balance, so the rest of the $743,000 price is paid at closing. A second mortgage can cover part of it. $242,003.93 is due at closing. Uses and sources reconcile at $763,257.33 each. Not a Closing Disclosure.