Follow the dollars · Assumption only
A complete cash picture for Dec 22, 2026
Your down payment$108,066Cash toward the purchase price.
Closing costs + prepaids$12,332Not just lender fees.
Before credits & paid funds$120,398The complete starting cash picture.
Estimated remaining funds due at closing
$120,398No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$108,066.22
Your down payment$108,066.22
Closing costs + prepaids$12,331.75
Total buyer cash needed$120,397.97
Remaining funds due$120,397.97
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%)$4,120.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,519.67
Home insurance (12 months up front)$1,800.00
Insurance escrow (3 months)$450.00
Property tax escrow (3 months)$494.50
Initial HOA (3 months)$435.00
Prepaid interest, first (10 days)$544.58
Fees + prepaids$12,331.75
Your down payment is the seller’s equity. You take over the $303,934 balance, so the rest of the $412,000 price is paid at closing. A second mortgage can cover part of it. $120,397.97 is due at closing. Uses and sources reconcile at $424,331.75 each. Not a Closing Disclosure.