Follow the dollars · Assumption only
A complete cash picture for Dec 27, 2026
Your down payment$123,093Cash toward the purchase price.
Closing costs + prepaids$9,569Not just lender fees.
Before credits & paid funds$132,663The complete starting cash picture.
Estimated remaining funds due at closing
$132,663No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$123,093.49
Your down payment$123,093.49
Closing costs + prepaids$9,569.47
Total buyer cash needed$132,662.97
Remaining funds due$132,662.97
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%)$2,200.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$484.53
Home insurance (12 months up front)$1,800.00
Insurance escrow (3 months)$450.00
Property tax escrow (3 months)$561.00
Initial HOA (3 months)$1,047.00
Prepaid interest, first (5 days)$58.94
Fees + prepaids$9,569.47
Your down payment is the seller’s equity. You take over the $96,907 balance, so the rest of the $220,000 price is paid at closing. A second mortgage can cover part of it. $132,662.97 is due at closing. Uses and sources reconcile at $229,569.47 each. Not a Closing Disclosure.