Follow the dollars · Assumption only
A complete cash picture for Dec 20, 2026
Your down payment$220,005Cash toward the purchase price.
Closing costs + prepaids$12,406Not just lender fees.
Before credits & paid funds$232,410The complete starting cash picture.
Estimated remaining funds due at closing
$232,410No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$220,004.59
Your down payment$220,004.59
Closing costs + prepaids$12,405.54
Total buyer cash needed$232,410.13
Remaining funds due$232,410.13
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%)$4,800.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,299.98
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$576.00
Prepaid interest, first (12 days)$261.56
Fees + prepaids$12,405.54
Your down payment is the seller’s equity. You take over the $259,995 balance, so the rest of the $480,000 price is paid at closing. A second mortgage can cover part of it. $232,410.13 is due at closing. Uses and sources reconcile at $492,405.54 each. Not a Closing Disclosure.