Follow the dollars · Assumption only
A complete cash picture for Dec 1, 2026
Your down payment$199,924Cash toward the purchase price.
Closing costs + prepaids$11,807Not just lender fees.
Before credits & paid funds$211,731The complete starting cash picture.
Estimated remaining funds due at closing
$211,731No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$199,923.57
Your down payment$199,923.57
Closing costs + prepaids$11,807.26
Total buyer cash needed$211,730.83
Remaining funds due$211,730.83
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%)$4,200.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,100.38
Home insurance (12 months up front)$1,800.00
Insurance escrow (3 months)$450.00
Property tax escrow (3 months)$490.00
Initial HOA (3 months)$240.00
Prepaid interest, first (31 days)$558.87
Fees + prepaids$11,807.26
Your down payment is the seller’s equity. You take over the $220,076 balance, so the rest of the $420,000 price is paid at closing. A second mortgage can cover part of it. $211,730.83 is due at closing. Uses and sources reconcile at $431,807.26 each. Not a Closing Disclosure.