Follow the dollars · Assumption only
A complete cash picture for Dec 15, 2026
Your down payment$223,937Cash toward the purchase price.
Closing costs + prepaids$16,240Not just lender fees.
Before credits & paid funds$240,176The complete starting cash picture.
Estimated remaining funds due at closing
$240,176No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$223,936.64
Your down payment$223,936.64
Closing costs + prepaids$16,239.68
Total buyer cash needed$240,176.32
Remaining funds due$240,176.32
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%)$6,749.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$2,254.82
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$843.75
Initial HOA (3 months)$315.00
Prepaid interest, first (17 days)$609.11
Fees + prepaids$16,239.68
Your down payment is the seller’s equity. You take over the $450,963 balance, so the rest of the $674,900 price is paid at closing. A second mortgage can cover part of it. $240,176.32 is due at closing. Uses and sources reconcile at $691,139.68 each. Not a Closing Disclosure.