Follow the dollars · Assumption only
A complete cash picture for Dec 20, 2026
Your down payment$42,217Cash toward the purchase price.
Closing costs + prepaids$12,320Not just lender fees.
Before credits & paid funds$54,537The complete starting cash picture.
Estimated remaining funds due at closing
$54,537No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$42,216.91
Your down payment$42,216.91
Closing costs + prepaids$12,320.28
Total buyer cash needed$54,537.19
Remaining funds due$54,537.19
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%)$4,200.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,888.92
Home insurance (12 months up front)$1,800.00
Insurance escrow (3 months)$450.00
Property tax escrow (3 months)$504.00
Initial HOA (3 months)$138.00
Prepaid interest, first (12 days)$371.37
Fees + prepaids$12,320.28
Your down payment is the seller’s equity. You take over the $377,783 balance, so the rest of the $420,000 price is paid at closing. A second mortgage can cover part of it. $54,537.19 is due at closing. Uses and sources reconcile at $432,320.28 each. Not a Closing Disclosure.