Follow the dollars · Assumption only
A complete cash picture for Dec 2, 2026
Your down payment$205,042Cash toward the purchase price.
Closing costs + prepaids$15,819Not just lender fees.
Before credits & paid funds$220,860The complete starting cash picture.
Estimated remaining funds due at closing
$220,860No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$205,041.64
Your down payment$205,041.64
Closing costs + prepaids$15,818.83
Total buyer cash needed$220,860.47
Remaining funds due$220,860.47
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%)$5,240.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,594.79
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$2,692.00
Initial HOA (3 months)$90.00
Prepaid interest, first (30 days)$734.04
Fees + prepaids$15,818.83
Your down payment is the seller’s equity. You take over the $318,958 balance, so the rest of the $524,000 price is paid at closing. A second mortgage can cover part of it. $220,860.47 is due at closing. Uses and sources reconcile at $539,818.83 each. Not a Closing Disclosure.