Follow the dollars · Assumption only
A complete cash picture for Dec 6, 2026
Your down payment$120,925Cash toward the purchase price.
Closing costs + prepaids$9,950Not just lender fees.
Before credits & paid funds$130,875The complete starting cash picture.
Estimated remaining funds due at closing
$130,875No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$120,924.87
Your down payment$120,924.87
Closing costs + prepaids$9,950.33
Total buyer cash needed$130,875.20
Remaining funds due$130,875.20
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%)$2,850.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$820.38
Home insurance (12 months up front)$1,800.00
Insurance escrow (3 months)$450.00
Property tax escrow (3 months)$712.50
Prepaid interest, first (26 days)$349.46
Fees + prepaids$9,950.33
Your down payment is the seller’s equity. You take over the $164,075 balance, so the rest of the $285,000 price is paid at closing. A second mortgage can cover part of it. $130,875.20 is due at closing. Uses and sources reconcile at $294,950.33 each. Not a Closing Disclosure.