Follow the dollars · Assumption only
A complete cash picture for Dec 8, 2026
Your down payment$125,212Cash toward the purchase price.
Closing costs + prepaids$29,614Not just lender fees.
Before credits & paid funds$154,826The complete starting cash picture.
Estimated remaining funds due at closing
$154,826No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$125,212.34
Your down payment$125,212.34
Closing costs + prepaids$29,613.83
Total buyer cash needed$154,826.18
Remaining funds due$154,826.18
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%)$10,970.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$4,858.94
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$2,742.50
Initial HOA (3 months)$294.00
Prepaid interest, first (24 days)$4,530.39
Fees + prepaids$29,613.83
Your down payment is the seller’s equity. You take over the $971,788 balance, so the rest of the $1,097,000 price is paid at closing. A second mortgage can cover part of it. $154,826.18 is due at closing. Uses and sources reconcile at $1,126,613.83 each. Not a Closing Disclosure.