Follow the dollars · Assumption only
A complete cash picture for Dec 7, 2026
Your down payment$120,114Cash toward the purchase price.
Closing costs + prepaids$14,897Not just lender fees.
Before credits & paid funds$135,012The complete starting cash picture.
Estimated remaining funds due at closing
$135,012No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$120,114.49
Your down payment$120,114.49
Closing costs + prepaids$14,897.11
Total buyer cash needed$135,011.60
Remaining funds due$135,011.60
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%)$5,200.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,999.43
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$479.50
Prepaid interest, first (25 days)$1,750.18
Fees + prepaids$14,897.11
Your down payment is the seller’s equity. You take over the $399,886 balance, so the rest of the $520,000 price is paid at closing. A second mortgage can cover part of it. $135,011.60 is due at closing. Uses and sources reconcile at $534,897.11 each. Not a Closing Disclosure.