Follow the dollars · Assumption only
A complete cash picture for Dec 7, 2026
Your down payment$127,715Cash toward the purchase price.
Closing costs + prepaids$12,706Not just lender fees.
Before credits & paid funds$140,421The complete starting cash picture.
Estimated remaining funds due at closing
$140,421No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$127,715.33
Your down payment$127,715.33
Closing costs + prepaids$12,706.00
Total buyer cash needed$140,421.33
Remaining funds due$140,421.33
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%)$4,249.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,485.92
Home insurance (12 months up front)$1,800.00
Insurance escrow (3 months)$450.00
Property tax escrow (3 months)$243.00
Initial HOA (3 months)$186.99
Prepaid interest, first (25 days)$1,323.08
Fees + prepaids$12,706.00
Your down payment is the seller’s equity. You take over the $297,185 balance, so the rest of the $424,900 price is paid at closing. A second mortgage can cover part of it. $140,421.33 is due at closing. Uses and sources reconcile at $437,606.00 each. Not a Closing Disclosure.