Follow the dollars · Assumption only
A complete cash picture for Nov 30, 2026
Your down payment$220,529Cash toward the purchase price.
Closing costs + prepaids$12,409Not just lender fees.
Before credits & paid funds$232,938The complete starting cash picture.
Estimated remaining funds due at closing
$232,938No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$220,529.06
Your down payment$220,529.06
Closing costs + prepaids$12,409.23
Total buyer cash needed$232,938.29
Remaining funds due$232,938.29
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%)$4,749.90
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,272.30
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$583.25
Initial HOA (3 months)$315.00
Prepaid interest, first (1 days)$20.78
Fees + prepaids$12,409.23
Your down payment is the seller’s equity. You take over the $254,461 balance, so the rest of the $474,990 price is paid at closing. A second mortgage can cover part of it. $232,938.29 is due at closing. Uses and sources reconcile at $487,399.23 each. Not a Closing Disclosure.