Follow the dollars · Assumption only
A complete cash picture for Dec 3, 2026
Your down payment$118,187Cash toward the purchase price.
Closing costs + prepaids$13,020Not just lender fees.
Before credits & paid funds$131,207The complete starting cash picture.
Estimated remaining funds due at closing
$131,207No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$118,187.04
Your down payment$118,187.04
Closing costs + prepaids$13,019.97
Total buyer cash needed$131,207.00
Remaining funds due$131,207.00
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%)$4,200.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,509.06
Home insurance (12 months up front)$1,800.00
Insurance escrow (3 months)$450.00
Property tax escrow (3 months)$883.00
Initial HOA (3 months)$150.00
Prepaid interest, first (29 days)$1,059.90
Fees + prepaids$13,019.97
Your down payment is the seller’s equity. You take over the $301,813 balance, so the rest of the $420,000 price is paid at closing. A second mortgage can cover part of it. $131,207.00 is due at closing. Uses and sources reconcile at $433,019.97 each. Not a Closing Disclosure.