Follow the dollars · Assumption only
A complete cash picture for Nov 29, 2026
Your down payment$124,502Cash toward the purchase price.
Closing costs + prepaids$26,636Not just lender fees.
Before credits & paid funds$151,139The complete starting cash picture.
Estimated remaining funds due at closing
$151,139No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$124,502.48
Your down payment$124,502.48
Closing costs + prepaids$26,636.11
Total buyer cash needed$151,138.59
Remaining funds due$151,138.59
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%)$10,500.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$4,627.49
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$3,676.50
Initial HOA (3 months)$1,356.00
Prepaid interest, first (2 days)$258.13
Fees + prepaids$26,636.11
Your down payment is the seller’s equity. You take over the $925,498 balance, so the rest of the $1,050,000 price is paid at closing. A second mortgage can cover part of it. $151,138.59 is due at closing. Uses and sources reconcile at $1,076,636.11 each. Not a Closing Disclosure.