Follow the dollars · Assumption only
A complete cash picture for Dec 15, 2026
Your down payment$118,340Cash toward the purchase price.
Closing costs + prepaids$14,247Not just lender fees.
Before credits & paid funds$132,587The complete starting cash picture.
Estimated remaining funds due at closing
$132,587No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$118,340.27
Your down payment$118,340.27
Closing costs + prepaids$14,246.99
Total buyer cash needed$132,587.26
Remaining funds due$132,587.26
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%)$5,250.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$2,033.30
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$656.25
Initial HOA (3 months)$186.00
Prepaid interest, first (17 days)$653.44
Fees + prepaids$14,246.99
Your down payment is the seller’s equity. You take over the $406,660 balance, so the rest of the $525,000 price is paid at closing. A second mortgage can cover part of it. $132,587.26 is due at closing. Uses and sources reconcile at $539,246.99 each. Not a Closing Disclosure.