Follow the dollars · Assumption only
A complete cash picture for Dec 5, 2026
Your down payment$161,350Cash toward the purchase price.
Closing costs + prepaids$35,561Not just lender fees.
Before credits & paid funds$196,911The complete starting cash picture.
Estimated remaining funds due at closing
$196,911No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$161,350.05
Your down payment$161,350.05
Closing costs + prepaids$35,560.83
Total buyer cash needed$196,910.88
Remaining funds due$196,910.88
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%)$13,990.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$6,188.25
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$3,497.50
Prepaid interest, first (27 days)$5,667.08
Fees + prepaids$35,560.83
Your down payment is the seller’s equity. You take over the $1,237,650 balance, so the rest of the $1,399,000 price is paid at closing. A second mortgage can cover part of it. $196,910.88 is due at closing. Uses and sources reconcile at $1,434,560.83 each. Not a Closing Disclosure.