Follow the dollars · Assumption only
A complete cash picture for Dec 20, 2026
Your down payment$207,685Cash toward the purchase price.
Closing costs + prepaids$12,529Not just lender fees.
Before credits & paid funds$220,215The complete starting cash picture.
Estimated remaining funds due at closing
$220,215No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$207,685.33
Your down payment$207,685.33
Closing costs + prepaids$12,529.46
Total buyer cash needed$220,214.79
Remaining funds due$220,214.79
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%)$4,875.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,399.07
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$585.00
Prepaid interest, first (12 days)$202.39
Fees + prepaids$12,529.46
Your down payment is the seller’s equity. You take over the $279,815 balance, so the rest of the $487,500 price is paid at closing. A second mortgage can cover part of it. $220,214.79 is due at closing. Uses and sources reconcile at $500,029.46 each. Not a Closing Disclosure.