Follow the dollars · Assumption only
A complete cash picture for Dec 20, 2026
Your down payment$205,019Cash toward the purchase price.
Closing costs + prepaids$16,072Not just lender fees.
Before credits & paid funds$221,091The complete starting cash picture.
Estimated remaining funds due at closing
$221,091No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$205,018.97
Your down payment$205,018.97
Closing costs + prepaids$16,072.14
Total buyer cash needed$221,091.10
Remaining funds due$221,091.10
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%)$6,899.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$2,424.41
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$828.00
Prepaid interest, first (12 days)$452.73
Fees + prepaids$16,072.14
Your down payment is the seller’s equity. You take over the $484,881 balance, so the rest of the $689,900 price is paid at closing. A second mortgage can cover part of it. $221,091.10 is due at closing. Uses and sources reconcile at $705,972.14 each. Not a Closing Disclosure.