Follow the dollars · Assumption only
A complete cash picture for Dec 8, 2026
Your down payment$2,220Cash toward the purchase price.
Closing costs + prepaids$22,341Not just lender fees.
Before credits & paid funds$24,560The complete starting cash picture.
Estimated remaining funds due at closing
$24,560No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$2,219.56
Your down payment$2,219.56
Closing costs + prepaids$22,340.83
Total buyer cash needed$24,560.40
Remaining funds due$24,560.40
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%)$3,100.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,538.90
Home insurance (12 months up front)$1,800.00
Insurance escrow (3 months)$450.00
Property tax escrow (3 months)$563.25
Initial HOA (3 months)$10,500.00
Prepaid interest, first (24 days)$1,420.68
Fees + prepaids$22,340.83
Your down payment is the seller’s equity. You take over the $307,780 balance, so the rest of the $310,000 price is paid at closing. A second mortgage can cover part of it. $24,560.40 is due at closing. Uses and sources reconcile at $332,340.83 each. Not a Closing Disclosure.