Follow the dollars · Assumption only
A complete cash picture for Dec 20, 2026
Your down payment$119,975Cash toward the purchase price.
Closing costs + prepaids$14,872Not just lender fees.
Before credits & paid funds$134,846The complete starting cash picture.
Estimated remaining funds due at closing
$134,846No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$119,974.65
Your down payment$119,974.65
Closing costs + prepaids$14,871.59
Total buyer cash needed$134,846.24
Remaining funds due$134,846.24
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%)$5,600.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$2,200.13
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$672.00
Initial HOA (3 months)$483.00
Prepaid interest, first (12 days)$448.46
Fees + prepaids$14,871.59
Your down payment is the seller’s equity. You take over the $440,025 balance, so the rest of the $560,000 price is paid at closing. A second mortgage can cover part of it. $134,846.24 is due at closing. Uses and sources reconcile at $574,871.59 each. Not a Closing Disclosure.