Follow the dollars · Assumption only
A complete cash picture for Dec 22, 2026
Your down payment$198,905Cash toward the purchase price.
Closing costs + prepaids$13,928Not just lender fees.
Before credits & paid funds$212,833The complete starting cash picture.
Estimated remaining funds due at closing
$212,833No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$198,904.82
Your down payment$198,904.82
Closing costs + prepaids$13,928.30
Total buyer cash needed$212,833.13
Remaining funds due$212,833.13
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%)$1,755.48
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$660.00
Initial HOA (3 months)$288.00
Prepaid interest, first (10 days)$256.83
Fees + prepaids$13,928.30
Your down payment is the seller’s equity. You take over the $351,095 balance, so the rest of the $550,000 price is paid at closing. A second mortgage can cover part of it. $212,833.13 is due at closing. Uses and sources reconcile at $563,928.30 each. Not a Closing Disclosure.