Follow the dollars · Assumption only
A complete cash picture for Dec 23, 2026
Your down payment$220,833Cash toward the purchase price.
Closing costs + prepaids$11,498Not just lender fees.
Before credits & paid funds$232,331The complete starting cash picture.
Estimated remaining funds due at closing
$232,331No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$220,832.74
Your down payment$220,832.74
Closing costs + prepaids$11,497.90
Total buyer cash needed$232,330.64
Remaining funds due$232,330.64
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%)$4,380.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,085.84
Home insurance (12 months up front)$1,800.00
Insurance escrow (3 months)$450.00
Property tax escrow (3 months)$525.50
Initial HOA (3 months)$114.00
Prepaid interest, first (9 days)$174.57
Fees + prepaids$11,497.90
Your down payment is the seller’s equity. You take over the $217,167 balance, so the rest of the $438,000 price is paid at closing. A second mortgage can cover part of it. $232,330.64 is due at closing. Uses and sources reconcile at $449,497.90 each. Not a Closing Disclosure.