Follow the dollars · Assumption only
A complete cash picture for Dec 23, 2026
Your down payment$220,834Cash toward the purchase price.
Closing costs + prepaids$12,730Not just lender fees.
Before credits & paid funds$233,564The complete starting cash picture.
Estimated remaining funds due at closing
$233,564No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$220,833.62
Your down payment$220,833.62
Closing costs + prepaids$12,729.94
Total buyer cash needed$233,563.56
Remaining funds due$233,563.56
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%)$4,750.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,270.83
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$570.00
Initial HOA (3 months)$495.00
Prepaid interest, first (9 days)$176.11
Fees + prepaids$12,729.94
Your down payment is the seller’s equity. You take over the $254,166 balance, so the rest of the $475,000 price is paid at closing. A second mortgage can cover part of it. $233,563.56 is due at closing. Uses and sources reconcile at $487,729.94 each. Not a Closing Disclosure.