Follow the dollars · Assumption only
A complete cash picture for Dec 20, 2026
Your down payment$148,795Cash toward the purchase price.
Closing costs + prepaids$27,178Not just lender fees.
Before credits & paid funds$175,973The complete starting cash picture.
Estimated remaining funds due at closing
$175,973No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$148,795.04
Your down payment$148,795.04
Closing costs + prepaids$27,177.85
Total buyer cash needed$175,972.89
Remaining funds due$175,972.89
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%)$11,890.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$5,201.02
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$1,426.75
Initial HOA (3 months)$120.00
Prepaid interest, first (12 days)$2,322.08
Fees + prepaids$27,177.85
Your down payment is the seller’s equity. You take over the $1,040,205 balance, so the rest of the $1,189,000 price is paid at closing. A second mortgage can cover part of it. $175,972.89 is due at closing. Uses and sources reconcile at $1,216,177.85 each. Not a Closing Disclosure.