Follow the dollars · Assumption only
A complete cash picture for Dec 4, 2026
Your down payment$118,688Cash toward the purchase price.
Closing costs + prepaids$12,427Not just lender fees.
Before credits & paid funds$131,116The complete starting cash picture.
Estimated remaining funds due at closing
$131,116No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$118,688.30
Your down payment$118,688.30
Closing costs + prepaids$12,427.42
Total buyer cash needed$131,115.72
Remaining funds due$131,115.72
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%)$4,249.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,531.06
Home insurance (12 months up front)$1,800.00
Insurance escrow (3 months)$450.00
Property tax escrow (3 months)$582.75
Initial HOA (3 months)$156.00
Prepaid interest, first (28 days)$690.61
Fees + prepaids$12,427.42
Your down payment is the seller’s equity. You take over the $306,212 balance, so the rest of the $424,900 price is paid at closing. A second mortgage can cover part of it. $131,115.72 is due at closing. Uses and sources reconcile at $437,327.42 each. Not a Closing Disclosure.