Follow the dollars · Assumption only
A complete cash picture for Dec 18, 2026
Your down payment$97,890Cash toward the purchase price.
Closing costs + prepaids$28,510Not just lender fees.
Before credits & paid funds$126,401The complete starting cash picture.
Estimated remaining funds due at closing
$126,401No 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$28,510.38
Total buyer cash needed$126,400.83
Remaining funds due$126,400.83
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)$1,525.00
Prepaid interest, first (14 days)$2,956.84
Fees + prepaids$28,510.38
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. $126,400.83 is due at closing. Uses and sources reconcile at $1,248,510.38 each. Not a Closing Disclosure.