Follow the dollars · Assumption only
A complete cash picture for Dec 23, 2026
Your down payment$118,688Cash toward the purchase price.
Closing costs + prepaids$11,886Not just lender fees.
Before credits & paid funds$130,574The complete starting cash picture.
Estimated remaining funds due at closing
$130,574No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$118,688.30
Your down payment$118,688.30
Closing costs + prepaids$11,886.04
Total buyer cash needed$130,574.34
Remaining funds due$130,574.34
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%)$4,249.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,531.06
Home insurance (12 months up front)$1,800.00
Insurance escrow (3 months)$450.00
Property tax escrow (3 months)$510.00
Initial HOA (3 months)$156.00
Prepaid interest, first (9 days)$221.98
Fees + prepaids$11,886.04
Your down payment is the seller’s equity. You take over the $306,212 balance, so the rest of the $424,900 price is paid at closing. A second mortgage can cover part of it. $130,574.34 is due at closing. Uses and sources reconcile at $436,786.04 each. Not a Closing Disclosure.