Follow the dollars · Assumption only
A complete cash picture for Dec 7, 2026
Your down payment$105,870Cash toward the purchase price.
Closing costs + prepaids$14,152Not just lender fees.
Before credits & paid funds$120,022The complete starting cash picture.
Estimated remaining funds due at closing
$120,022No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$105,869.70
Your down payment$105,869.70
Closing costs + prepaids$14,152.27
Total buyer cash needed$120,021.97
Remaining funds due$120,021.97
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%)$4,200.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,570.65
Home insurance (12 months up front)$1,800.00
Insurance escrow (3 months)$450.00
Property tax escrow (3 months)$1,297.00
Initial HOA (3 months)$1,290.00
Prepaid interest, first (25 days)$576.62
Fees + prepaids$14,152.27
Your down payment is the seller’s equity. You take over the $314,130 balance, so the rest of the $420,000 price is paid at closing. A second mortgage can cover part of it. $120,021.97 is due at closing. Uses and sources reconcile at $434,152.27 each. Not a Closing Disclosure.