Follow the dollars · Assumption only
A complete cash picture for Dec 20, 2026
Your down payment$119,145Cash toward the purchase price.
Closing costs + prepaids$16,001Not just lender fees.
Before credits & paid funds$135,146The complete starting cash picture.
Estimated remaining funds due at closing
$135,146No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$119,144.74
Your down payment$119,144.74
Closing costs + prepaids$16,001.14
Total buyer cash needed$135,145.88
Remaining funds due$135,145.88
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%)$6,000.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$2,404.28
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$720.00
Initial HOA (3 months)$405.00
Prepaid interest, first (12 days)$1,003.87
Fees + prepaids$16,001.14
Your down payment is the seller’s equity. You take over the $480,855 balance, so the rest of the $600,000 price is paid at closing. A second mortgage can cover part of it. $135,145.88 is due at closing. Uses and sources reconcile at $616,001.14 each. Not a Closing Disclosure.