Follow the dollars · Assumption only
A complete cash picture for Dec 20, 2026
Your down payment$220,470Cash toward the purchase price.
Closing costs + prepaids$31,877Not just lender fees.
Before credits & paid funds$252,347The complete starting cash picture.
Estimated remaining funds due at closing
$252,347No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$220,469.85
Your down payment$220,469.85
Closing costs + prepaids$31,877.17
Total buyer cash needed$252,347.01
Remaining funds due$252,347.01
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%)$14,750.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$6,272.65
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$1,770.00
Prepaid interest, first (12 days)$2,866.52
Fees + prepaids$31,877.17
Your down payment is the seller’s equity. You take over the $1,254,530 balance, so the rest of the $1,475,000 price is paid at closing. A second mortgage can cover part of it. $252,347.01 is due at closing. Uses and sources reconcile at $1,506,877.17 each. Not a Closing Disclosure.