Follow the dollars · Assumption only
A complete cash picture for Dec 22, 2026
Your down payment$120,151Cash toward the purchase price.
Closing costs + prepaids$16,107Not just lender fees.
Before credits & paid funds$136,258The complete starting cash picture.
Estimated remaining funds due at closing
$136,258No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$120,151.00
Your down payment$120,151.00
Closing costs + prepaids$16,106.99
Total buyer cash needed$136,257.99
Remaining funds due$136,257.99
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%)$6,349.98
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$2,574.23
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$762.00
Initial HOA (3 months)$231.99
Prepaid interest, first (10 days)$720.79
Fees + prepaids$16,106.99
Your down payment is the seller’s equity. You take over the $514,847 balance, so the rest of the $634,998 price is paid at closing. A second mortgage can cover part of it. $136,257.99 is due at closing. Uses and sources reconcile at $651,104.99 each. Not a Closing Disclosure.