Follow the dollars · Assumption only
A complete cash picture for Dec 20, 2026
Your down payment$108,470Cash toward the purchase price.
Closing costs + prepaids$10,909Not just lender fees.
Before credits & paid funds$119,379The complete starting cash picture.
Estimated remaining funds due at closing
$119,379No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$108,470.07
Your down payment$108,470.07
Closing costs + prepaids$10,909.02
Total buyer cash needed$119,379.10
Remaining funds due$119,379.10
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%)$3,599.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,257.15
Home insurance (12 months up front)$1,800.00
Insurance escrow (3 months)$450.00
Property tax escrow (3 months)$432.00
Initial HOA (3 months)$140.01
Prepaid interest, first (12 days)$262.86
Fees + prepaids$10,909.02
Your down payment is the seller’s equity. You take over the $251,430 balance, so the rest of the $359,900 price is paid at closing. A second mortgage can cover part of it. $119,379.10 is due at closing. Uses and sources reconcile at $370,809.02 each. Not a Closing Disclosure.