Follow the dollars · Assumption only
A complete cash picture for Dec 6, 2026
Your down payment$70,114Cash toward the purchase price.
Closing costs + prepaids$31,201Not just lender fees.
Before credits & paid funds$101,315The complete starting cash picture.
Estimated remaining funds due at closing
$101,315No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$70,113.74
Your down payment$70,113.74
Closing costs + prepaids$31,201.30
Total buyer cash needed$101,315.04
Remaining funds due$101,315.04
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%)$11,489.99
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$5,394.43
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$2,872.50
Initial HOA (3 months)$231.00
Prepaid interest, first (26 days)$4,995.39
Fees + prepaids$31,201.30
Your down payment is the seller’s equity. You take over the $1,078,885 balance, so the rest of the $1,148,999 price is paid at closing. A second mortgage can cover part of it. $101,315.04 is due at closing. Uses and sources reconcile at $1,180,200.30 each. Not a Closing Disclosure.