Follow the dollars · Assumption only
A complete cash picture for Dec 20, 2026
Your down payment$223,218Cash toward the purchase price.
Closing costs + prepaids$14,404Not just lender fees.
Before credits & paid funds$237,622The complete starting cash picture.
Estimated remaining funds due at closing
$237,622No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$223,217.98
Your down payment$223,217.98
Closing costs + prepaids$14,404.36
Total buyer cash needed$237,622.34
Remaining funds due$237,622.34
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%)$5,970.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,868.91
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$716.50
Prepaid interest, first (12 days)$380.95
Fees + prepaids$14,404.36
Your down payment is the seller’s equity. You take over the $373,782 balance, so the rest of the $597,000 price is paid at closing. A second mortgage can cover part of it. $237,622.34 is due at closing. Uses and sources reconcile at $611,404.36 each. Not a Closing Disclosure.