Follow the dollars · Assumption only
A complete cash picture for Dec 16, 2026
Your down payment$123,238Cash toward the purchase price.
Closing costs + prepaids$8,299Not just lender fees.
Before credits & paid funds$131,537The complete starting cash picture.
Estimated remaining funds due at closing
$131,537No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$123,238.20
Your down payment$123,238.20
Closing costs + prepaids$8,298.54
Total buyer cash needed$131,536.74
Remaining funds due$131,536.74
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%)$2,200.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$483.81
Home insurance (12 months up front)$1,800.00
Insurance escrow (3 months)$450.00
Property tax escrow (3 months)$275.00
Prepaid interest, first (16 days)$121.73
Fees + prepaids$8,298.54
Your down payment is the seller’s equity. You take over the $96,762 balance, so the rest of the $220,000 price is paid at closing. A second mortgage can cover part of it. $131,536.74 is due at closing. Uses and sources reconcile at $228,298.54 each. Not a Closing Disclosure.