Follow the dollars · Assumption only
A complete cash picture for Dec 8, 2026
Your down payment$107,513Cash toward the purchase price.
Closing costs + prepaids$12,804Not just lender fees.
Before credits & paid funds$120,316The complete starting cash picture.
Estimated remaining funds due at closing
$120,316No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$107,512.73
Your down payment$107,512.73
Closing costs + prepaids$12,803.72
Total buyer cash needed$120,316.45
Remaining funds due$120,316.45
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%)$3,940.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,432.44
Home insurance (12 months up front)$1,800.00
Insurance escrow (3 months)$450.00
Property tax escrow (3 months)$835.25
Initial HOA (3 months)$187.50
Prepaid interest, first (24 days)$1,190.53
Fees + prepaids$12,803.72
Your down payment is the seller’s equity. You take over the $286,487 balance, so the rest of the $394,000 price is paid at closing. A second mortgage can cover part of it. $120,316.45 is due at closing. Uses and sources reconcile at $406,803.72 each. Not a Closing Disclosure.