Follow the dollars · Assumption only
A complete cash picture for Dec 1, 2026
Your down payment$198,905Cash toward the purchase price.
Closing costs + prepaids$14,321Not just lender fees.
Before credits & paid funds$213,225The complete starting cash picture.
Estimated remaining funds due at closing
$213,225No 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$14,320.64
Total buyer cash needed$213,225.47
Remaining funds due$213,225.47
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)$513.00
Initial HOA (3 months)$288.00
Prepaid interest, first (31 days)$796.17
Fees + prepaids$14,320.64
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. $213,225.47 is due at closing. Uses and sources reconcile at $564,320.64 each. Not a Closing Disclosure.