Follow the dollars · Assumption only
A complete cash picture for Dec 14, 2026
Your down payment$40,639Cash toward the purchase price.
Closing costs + prepaids$9,111Not just lender fees.
Before credits & paid funds$49,751The complete starting cash picture.
Estimated remaining funds due at closing
$49,751No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$40,639.29
Your down payment$40,639.29
Closing costs + prepaids$9,111.33
Total buyer cash needed$49,750.63
Remaining funds due$49,750.63
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%)$896.80
Home insurance (12 months up front)$1,800.00
Insurance escrow (3 months)$450.00
Property tax escrow (3 months)$189.75
Prepaid interest, first (18 days)$606.78
Fees + prepaids$9,111.33
Your down payment is the seller’s equity. You take over the $179,361 balance, so the rest of the $220,000 price is paid at closing. A second mortgage can cover part of it. $49,750.63 is due at closing. Uses and sources reconcile at $229,111.33 each. Not a Closing Disclosure.