Follow the dollars · Assumption only
A complete cash picture for Dec 2, 2026
Your down payment$105,000Cash toward the purchase price.
Closing costs + prepaids$6,581Not just lender fees.
Before credits & paid funds$111,581The complete starting cash picture.
Estimated remaining funds due at closing
$111,581No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$104,999.62
Your down payment$104,999.62
Closing costs + prepaids$6,581.49
Total buyer cash needed$111,581.11
Remaining funds due$111,581.11
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%)$1,200.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$75.00
Home insurance (12 months up front)$1,800.00
Insurance escrow (3 months)$450.00
Property tax escrow (3 months)$42.75
Prepaid interest, first (30 days)$45.74
Fees + prepaids$6,581.49
Your down payment is the seller’s equity. You take over the $15,000 balance, so the rest of the $120,000 price is paid at closing. A second mortgage can cover part of it. $111,581.11 is due at closing. Uses and sources reconcile at $126,581.49 each. Not a Closing Disclosure.