Follow the dollars · Assumption only
A complete cash picture for Dec 7, 2026
Your down payment$120,898Cash toward the purchase price.
Closing costs + prepaids$11,018Not just lender fees.
Before credits & paid funds$131,916The complete starting cash picture.
Estimated remaining funds due at closing
$131,916No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$120,897.58
Your down payment$120,897.58
Closing costs + prepaids$11,018.22
Total buyer cash needed$131,915.80
Remaining funds due$131,915.80
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%)$3,400.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,095.51
Home insurance (12 months up front)$1,800.00
Insurance escrow (3 months)$450.00
Property tax escrow (3 months)$850.00
Prepaid interest, first (25 days)$454.71
Fees + prepaids$11,018.22
Your down payment is the seller’s equity. You take over the $219,102 balance, so the rest of the $340,000 price is paid at closing. A second mortgage can cover part of it. $131,915.80 is due at closing. Uses and sources reconcile at $351,018.22 each. Not a Closing Disclosure.