Follow the dollars · Assumption only
A complete cash picture for Dec 7, 2026
Your down payment$202,071Cash toward the purchase price.
Closing costs + prepaids$16,385Not just lender fees.
Before credits & paid funds$218,457The complete starting cash picture.
Estimated remaining funds due at closing
$218,457No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$202,071.11
Your down payment$202,071.11
Closing costs + prepaids$16,385.42
Total buyer cash needed$218,456.54
Remaining funds due$218,456.54
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%)$6,200.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$2,089.64
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$735.75
Initial HOA (3 months)$435.00
Prepaid interest, first (25 days)$1,457.03
Fees + prepaids$16,385.42
Your down payment is the seller’s equity. You take over the $417,929 balance, so the rest of the $620,000 price is paid at closing. A second mortgage can cover part of it. $218,456.54 is due at closing. Uses and sources reconcile at $636,385.42 each. Not a Closing Disclosure.