Follow the dollars · Assumption only
A complete cash picture for Dec 20, 2026
Your down payment$227,253Cash toward the purchase price.
Closing costs + prepaids$20,247Not just lender fees.
Before credits & paid funds$247,501The complete starting cash picture.
Estimated remaining funds due at closing
$247,501No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$227,253.38
Your down payment$227,253.38
Closing costs + prepaids$20,247.12
Total buyer cash needed$247,500.50
Remaining funds due$247,500.50
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%)$8,890.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$3,308.73
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$1,066.75
Prepaid interest, first (12 days)$763.64
Fees + prepaids$20,247.12
Your down payment is the seller’s equity. You take over the $661,747 balance, so the rest of the $889,000 price is paid at closing. A second mortgage can cover part of it. $247,500.50 is due at closing. Uses and sources reconcile at $909,247.12 each. Not a Closing Disclosure.