Follow the dollars · Assumption only
A complete cash picture for Dec 8, 2026
Your down payment$97,890Cash toward the purchase price.
Closing costs + prepaids$30,103Not just lender fees.
Before credits & paid funds$127,993The complete starting cash picture.
Estimated remaining funds due at closing
$127,993No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$97,890.45
Your down payment$97,890.45
Closing costs + prepaids$30,102.66
Total buyer cash needed$127,993.11
Remaining funds due$127,993.11
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%)$12,200.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$5,610.55
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$1,005.25
Prepaid interest, first (24 days)$5,068.86
Fees + prepaids$30,102.66
Your down payment is the seller’s equity. You take over the $1,122,110 balance, so the rest of the $1,220,000 price is paid at closing. A second mortgage can cover part of it. $127,993.11 is due at closing. Uses and sources reconcile at $1,250,102.66 each. Not a Closing Disclosure.