Follow the dollars · Assumption only
A complete cash picture for Dec 23, 2026
Your down payment$118,619Cash toward the purchase price.
Closing costs + prepaids$11,578Not just lender fees.
Before credits & paid funds$130,197The complete starting cash picture.
Estimated remaining funds due at closing
$130,197No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$118,619.07
Your down payment$118,619.07
Closing costs + prepaids$11,577.76
Total buyer cash needed$130,196.84
Remaining funds due$130,196.84
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%)$4,000.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,406.90
Home insurance (12 months up front)$1,800.00
Insurance escrow (3 months)$450.00
Property tax escrow (3 months)$480.00
Initial HOA (3 months)$255.00
Prepaid interest, first (9 days)$217.86
Fees + prepaids$11,577.76
Your down payment is the seller’s equity. You take over the $281,381 balance, so the rest of the $400,000 price is paid at closing. A second mortgage can cover part of it. $130,196.84 is due at closing. Uses and sources reconcile at $411,577.76 each. Not a Closing Disclosure.