Follow the dollars · Assumption only
A complete cash picture for Dec 7, 2026
Your down payment$105,595Cash toward the purchase price.
Closing costs + prepaids$15,720Not just lender fees.
Before credits & paid funds$121,316The complete starting cash picture.
Estimated remaining funds due at closing
$121,316No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$105,595.44
Your down payment$105,595.44
Closing costs + prepaids$15,720.48
Total buyer cash needed$121,315.92
Remaining funds due$121,315.92
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%)$4,915.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,929.52
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$2,578.00
Prepaid interest, first (25 days)$829.96
Fees + prepaids$15,720.48
Your down payment is the seller’s equity. You take over the $385,905 balance, so the rest of the $491,500 price is paid at closing. A second mortgage can cover part of it. $121,315.92 is due at closing. Uses and sources reconcile at $507,220.48 each. Not a Closing Disclosure.