Follow the dollars · Assumption only
A complete cash picture for Dec 22, 2026
Your down payment$221,674Cash toward the purchase price.
Closing costs + prepaids$16,372Not just lender fees.
Before credits & paid funds$238,047The complete starting cash picture.
Estimated remaining funds due at closing
$238,047No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$221,674.34
Your down payment$221,674.34
Closing costs + prepaids$16,372.17
Total buyer cash needed$238,046.50
Remaining funds due$238,046.50
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%)$6,989.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$2,386.13
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$838.75
Initial HOA (3 months)$291.51
Prepaid interest, first (10 days)$398.78
Fees + prepaids$16,372.17
Your down payment is the seller’s equity. You take over the $477,226 balance, so the rest of the $698,900 price is paid at closing. A second mortgage can cover part of it. $238,046.50 is due at closing. Uses and sources reconcile at $715,272.17 each. Not a Closing Disclosure.