Follow the dollars · Assumption only
A complete cash picture for Dec 20, 2026
Your down payment$10,325Cash toward the purchase price.
Closing costs + prepaids$9,967Not just lender fees.
Before credits & paid funds$20,292The complete starting cash picture.
Estimated remaining funds due at closing
$20,292No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$10,325.11
Your down payment$10,325.11
Closing costs + prepaids$9,967.31
Total buyer cash needed$20,292.42
Remaining funds due$20,292.42
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%)$1,048.37
Home insurance (12 months up front)$1,800.00
Insurance escrow (3 months)$450.00
Property tax escrow (3 months)$264.00
Initial HOA (3 months)$864.00
Prepaid interest, first (12 days)$372.93
Fees + prepaids$9,967.31
Your down payment is the seller’s equity. You take over the $209,675 balance, so the rest of the $220,000 price is paid at closing. A second mortgage can cover part of it. $20,292.42 is due at closing. Uses and sources reconcile at $229,967.31 each. Not a Closing Disclosure.