Follow the dollars · Assumption only
A complete cash picture for Dec 8, 2026
Your down payment$204,486Cash toward the purchase price.
Closing costs + prepaids$16,344Not just lender fees.
Before credits & paid funds$220,829The complete starting cash picture.
Estimated remaining funds due at closing
$220,829No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$204,485.68
Your down payment$204,485.68
Closing costs + prepaids$16,343.50
Total buyer cash needed$220,829.18
Remaining funds due$220,829.18
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%)$5,500.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,727.57
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$1,375.00
Initial HOA (3 months)$1,605.00
Prepaid interest, first (24 days)$667.93
Fees + prepaids$16,343.50
Your down payment is the seller’s equity. You take over the $345,514 balance, so the rest of the $550,000 price is paid at closing. A second mortgage can cover part of it. $220,829.18 is due at closing. Uses and sources reconcile at $566,343.50 each. Not a Closing Disclosure.