Follow the dollars · Assumption only
A complete cash picture for Dec 7, 2026
Your down payment$117,060Cash toward the purchase price.
Closing costs + prepaids$10,269Not just lender fees.
Before credits & paid funds$127,329The complete starting cash picture.
Estimated remaining funds due at closing
$127,329No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$117,059.94
Your down payment$117,059.94
Closing costs + prepaids$10,269.04
Total buyer cash needed$127,328.98
Remaining funds due$127,328.98
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%)$2,940.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$884.70
Home insurance (12 months up front)$1,800.00
Insurance escrow (3 months)$450.00
Property tax escrow (3 months)$707.00
Initial HOA (3 months)$180.00
Prepaid interest, first (25 days)$339.34
Fees + prepaids$10,269.04
Your down payment is the seller’s equity. You take over the $176,940 balance, so the rest of the $294,000 price is paid at closing. A second mortgage can cover part of it. $127,328.98 is due at closing. Uses and sources reconcile at $304,269.04 each. Not a Closing Disclosure.