Follow the dollars · Assumption only
A complete cash picture for Dec 4, 2026
Your down payment$120,620Cash toward the purchase price.
Closing costs + prepaids$12,208Not just lender fees.
Before credits & paid funds$132,828The complete starting cash picture.
Estimated remaining funds due at closing
$132,828No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$120,619.70
Your down payment$120,619.70
Closing costs + prepaids$12,208.00
Total buyer cash needed$132,827.70
Remaining funds due$132,827.70
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%)$4,250.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,521.90
Home insurance (12 months up front)$1,800.00
Insurance escrow (3 months)$450.00
Property tax escrow (3 months)$435.25
Initial HOA (3 months)$59.01
Prepaid interest, first (28 days)$723.84
Fees + prepaids$12,208.00
Your down payment is the seller’s equity. You take over the $304,380 balance, so the rest of the $425,000 price is paid at closing. A second mortgage can cover part of it. $132,827.70 is due at closing. Uses and sources reconcile at $437,208.00 each. Not a Closing Disclosure.