Follow the dollars · Assumption only
A complete cash picture for Dec 9, 2026
Your down payment$121,109Cash toward the purchase price.
Closing costs + prepaids$29,312Not just lender fees.
Before credits & paid funds$150,420The complete starting cash picture.
Estimated remaining funds due at closing
$150,420No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$121,108.56
Your down payment$121,108.56
Closing costs + prepaids$29,311.80
Total buyer cash needed$150,420.37
Remaining funds due$150,420.37
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%)$12,000.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$5,394.46
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$1,164.75
Prepaid interest, first (23 days)$4,534.60
Fees + prepaids$29,311.80
Your down payment is the seller’s equity. You take over the $1,078,891 balance, so the rest of the $1,200,000 price is paid at closing. A second mortgage can cover part of it. $150,420.37 is due at closing. Uses and sources reconcile at $1,229,311.80 each. Not a Closing Disclosure.