Follow the dollars · Assumption only
A complete cash picture for Dec 12, 2026
Your down payment$221,858Cash toward the purchase price.
Closing costs + prepaids$16,450Not just lender fees.
Before credits & paid funds$238,307The complete starting cash picture.
Estimated remaining funds due at closing
$238,307No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$221,857.55
Your down payment$221,857.55
Closing costs + prepaids$16,449.75
Total buyer cash needed$238,307.30
Remaining funds due$238,307.30
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%)$6,499.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$2,140.21
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$1,245.25
Initial HOA (3 months)$396.00
Prepaid interest, first (20 days)$701.29
Fees + prepaids$16,449.75
Your down payment is the seller’s equity. You take over the $428,042 balance, so the rest of the $649,900 price is paid at closing. A second mortgage can cover part of it. $238,307.30 is due at closing. Uses and sources reconcile at $666,349.75 each. Not a Closing Disclosure.