Follow the dollars · Assumption only
A complete cash picture for Dec 23, 2026
Your down payment$149,875Cash toward the purchase price.
Closing costs + prepaids$10,799Not just lender fees.
Before credits & paid funds$160,674The complete starting cash picture.
Estimated remaining funds due at closing
$160,674No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$149,874.81
Your down payment$149,874.81
Closing costs + prepaids$10,799.37
Total buyer cash needed$160,674.18
Remaining funds due$160,674.18
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%)$3,700.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,100.63
Home insurance (12 months up front)$1,800.00
Insurance escrow (3 months)$450.00
Property tax escrow (3 months)$444.00
Initial HOA (3 months)$156.00
Prepaid interest, first (9 days)$180.74
Fees + prepaids$10,799.37
Your down payment is the seller’s equity. You take over the $220,125 balance, so the rest of the $370,000 price is paid at closing. A second mortgage can cover part of it. $160,674.18 is due at closing. Uses and sources reconcile at $380,799.37 each. Not a Closing Disclosure.