Follow the dollars · Assumption only
A complete cash picture for Dec 9, 2026
Your down payment$120,377Cash toward the purchase price.
Closing costs + prepaids$14,973Not just lender fees.
Before credits & paid funds$135,350The complete starting cash picture.
Estimated remaining funds due at closing
$135,350No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$120,377.23
Your down payment$120,377.23
Closing costs + prepaids$14,972.92
Total buyer cash needed$135,350.15
Remaining funds due$135,350.15
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%)$5,000.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,898.11
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$1,133.25
Prepaid interest, first (23 days)$1,473.56
Fees + prepaids$14,972.92
Your down payment is the seller’s equity. You take over the $379,623 balance, so the rest of the $500,000 price is paid at closing. A second mortgage can cover part of it. $135,350.15 is due at closing. Uses and sources reconcile at $514,972.92 each. Not a Closing Disclosure.