Follow the dollars · Assumption only
A complete cash picture for Dec 15, 2026
Your down payment$119,175Cash toward the purchase price.
Closing costs + prepaids$11,998Not just lender fees.
Before credits & paid funds$131,173The complete starting cash picture.
Estimated remaining funds due at closing
$131,173No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$119,175.11
Your down payment$119,175.11
Closing costs + prepaids$11,997.93
Total buyer cash needed$131,173.04
Remaining funds due$131,173.04
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%)$4,250.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,529.12
Home insurance (12 months up front)$1,800.00
Insurance escrow (3 months)$450.00
Property tax escrow (3 months)$531.25
Initial HOA (3 months)$75.00
Prepaid interest, first (17 days)$394.56
Fees + prepaids$11,997.93
Your down payment is the seller’s equity. You take over the $305,825 balance, so the rest of the $425,000 price is paid at closing. A second mortgage can cover part of it. $131,173.04 is due at closing. Uses and sources reconcile at $436,997.93 each. Not a Closing Disclosure.