Follow the dollars · Assumption only
A complete cash picture for Dec 8, 2026
Your down payment$22,429Cash toward the purchase price.
Closing costs + prepaids$9,456Not just lender fees.
Before credits & paid funds$31,885The complete starting cash picture.
Estimated remaining funds due at closing
$31,885No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$22,429.01
Your down payment$22,429.01
Closing costs + prepaids$9,456.05
Total buyer cash needed$31,885.06
Remaining funds due$31,885.06
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%)$2,249.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,012.35
Home insurance (12 months up front)$1,800.00
Insurance escrow (3 months)$450.00
Property tax escrow (3 months)$60.75
Prepaid interest, first (24 days)$915.95
Fees + prepaids$9,456.05
Your down payment is the seller’s equity. You take over the $202,471 balance, so the rest of the $224,900 price is paid at closing. A second mortgage can cover part of it. $31,885.06 is due at closing. Uses and sources reconcile at $234,356.05 each. Not a Closing Disclosure.