Follow the dollars · Assumption only
A complete cash picture for Dec 9, 2026
Your down payment$118,423Cash toward the purchase price.
Closing costs + prepaids$25,968Not just lender fees.
Before credits & paid funds$144,391The complete starting cash picture.
Estimated remaining funds due at closing
$144,391No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$118,422.53
Your down payment$118,422.53
Closing costs + prepaids$25,968.42
Total buyer cash needed$144,390.95
Remaining funds due$144,390.95
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%)$10,750.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$4,782.89
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$50.50
Initial HOA (3 months)$249.00
Prepaid interest, first (23 days)$3,918.04
Fees + prepaids$25,968.42
Your down payment is the seller’s equity. You take over the $956,577 balance, so the rest of the $1,075,000 price is paid at closing. A second mortgage can cover part of it. $144,390.95 is due at closing. Uses and sources reconcile at $1,100,968.42 each. Not a Closing Disclosure.