Follow the dollars · Assumption only
A complete cash picture for Dec 7, 2026
Your down payment$106,642Cash toward the purchase price.
Closing costs + prepaids$14,152Not just lender fees.
Before credits & paid funds$120,794The complete starting cash picture.
Estimated remaining funds due at closing
$120,794No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$106,642.01
Your down payment$106,642.01
Closing costs + prepaids$14,151.94
Total buyer cash needed$120,793.94
Remaining funds due$120,793.94
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%)$4,500.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,716.79
Home insurance (12 months up front)$1,800.00
Insurance escrow (3 months)$450.00
Property tax escrow (3 months)$1,125.00
Prepaid interest, first (25 days)$1,592.15
Fees + prepaids$14,151.94
Your down payment is the seller’s equity. You take over the $343,358 balance, so the rest of the $450,000 price is paid at closing. A second mortgage can cover part of it. $120,793.94 is due at closing. Uses and sources reconcile at $464,151.94 each. Not a Closing Disclosure.