Follow the dollars · Assumption only
A complete cash picture for Dec 23, 2026
Your down payment$150,007Cash toward the purchase price.
Closing costs + prepaids$27,407Not just lender fees.
Before credits & paid funds$177,414The complete starting cash picture.
Estimated remaining funds due at closing
$177,414No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$150,007.43
Your down payment$150,007.43
Closing costs + prepaids$27,406.87
Total buyer cash needed$177,414.30
Remaining funds due$177,414.30
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%)$12,300.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$5,399.96
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$1,476.00
Initial HOA (3 months)$495.00
Prepaid interest, first (9 days)$1,517.91
Fees + prepaids$27,406.87
Your down payment is the seller’s equity. You take over the $1,079,993 balance, so the rest of the $1,230,000 price is paid at closing. A second mortgage can cover part of it. $177,414.30 is due at closing. Uses and sources reconcile at $1,257,406.87 each. Not a Closing Disclosure.