Follow the dollars · Assumption only
A complete cash picture for Dec 14, 2026
Your down payment$120,153Cash toward the purchase price.
Closing costs + prepaids$16,613Not just lender fees.
Before credits & paid funds$136,766The complete starting cash picture.
Estimated remaining funds due at closing
$136,766No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$120,153.00
Your down payment$120,153.00
Closing costs + prepaids$16,613.14
Total buyer cash needed$136,766.14
Remaining funds due$136,766.14
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%)$6,350.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$2,574.23
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$691.50
Initial HOA (3 months)$231.99
Prepaid interest, first (18 days)$1,297.41
Fees + prepaids$16,613.14
Your down payment is the seller’s equity. You take over the $514,847 balance, so the rest of the $635,000 price is paid at closing. A second mortgage can cover part of it. $136,766.14 is due at closing. Uses and sources reconcile at $651,613.14 each. Not a Closing Disclosure.