Follow the dollars · Assumption only
A complete cash picture for Dec 20, 2026
Your down payment$194,902Cash toward the purchase price.
Closing costs + prepaids$18,225Not just lender fees.
Before credits & paid funds$213,127The complete starting cash picture.
Estimated remaining funds due at closing
$213,127No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$194,902.21
Your down payment$194,902.21
Closing costs + prepaids$18,224.80
Total buyer cash needed$213,127.01
Remaining funds due$213,127.01
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%)$7,400.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$2,725.49
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$888.00
Initial HOA (3 months)$246.00
Prepaid interest, first (12 days)$747.31
Fees + prepaids$18,224.80
Your down payment is the seller’s equity. You take over the $545,098 balance, so the rest of the $740,000 price is paid at closing. A second mortgage can cover part of it. $213,127.01 is due at closing. Uses and sources reconcile at $758,224.80 each. Not a Closing Disclosure.