Follow the dollars · Assumption only

A complete cash picture for Dec 23, 2026

Buyers Guide
Your down payment$220,000Cash toward the purchase price.
Closing costs + prepaids$13,238Not just lender fees.
Before credits & paid funds$233,238The complete starting cash picture.
Estimated remaining funds due at closing

No credits or earnest money applied yet.

$233,238

Bridge the purchase gap

From the price to what is still due.

Full purchase gap at closing$219,999.68
Your down payment$219,999.68
Closing costs + prepaids$13,238.03
Total buyer cash needed$233,237.72
Remaining funds due$233,237.72

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%)$5,175.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,487.50
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$621.00
Initial HOA (3 months)$276.00
Prepaid interest, first (9 days)$210.53
Fees + prepaids$13,238.03

Your down payment is the seller’s equity. You take over the $297,500 balance, so the rest of the $517,500 price is paid at closing. A second mortgage can cover part of it. $233,237.72 is due at closing. Uses and sources reconcile at $530,738.03 each. Not a Closing Disclosure.