Follow the dollars · Assumption only
A complete cash picture for Dec 1, 2026
Your down payment$121,109Cash toward the purchase price.
Closing costs + prepaids$30,889Not just lender fees.
Before credits & paid funds$151,998The complete starting cash picture.
Estimated remaining funds due at closing
$151,998No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$121,108.56
Your down payment$121,108.56
Closing costs + prepaids$30,889.05
Total buyer cash needed$151,997.62
Remaining funds due$151,997.62
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%)$12,000.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$5,394.46
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$1,164.75
Prepaid interest, first (31 days)$6,111.85
Fees + prepaids$30,889.05
Your down payment is the seller’s equity. You take over the $1,078,891 balance, so the rest of the $1,200,000 price is paid at closing. A second mortgage can cover part of it. $151,997.62 is due at closing. Uses and sources reconcile at $1,230,889.05 each. Not a Closing Disclosure.