Follow the dollars · Assumption only
A complete cash picture for Dec 5, 2026
Your down payment$118,252Cash toward the purchase price.
Closing costs + prepaids$11,734Not just lender fees.
Before credits & paid funds$129,985The complete starting cash picture.
Estimated remaining funds due at closing
$129,985No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$118,251.81
Your down payment$118,251.81
Closing costs + prepaids$11,733.67
Total buyer cash needed$129,985.49
Remaining funds due$129,985.49
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%)$3,400.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,108.74
Home insurance (12 months up front)$1,800.00
Insurance escrow (3 months)$450.00
Property tax escrow (3 months)$1,027.00
Initial HOA (3 months)$519.00
Prepaid interest, first (27 days)$460.93
Fees + prepaids$11,733.67
Your down payment is the seller’s equity. You take over the $221,748 balance, so the rest of the $340,000 price is paid at closing. A second mortgage can cover part of it. $129,985.49 is due at closing. Uses and sources reconcile at $351,733.67 each. Not a Closing Disclosure.