Follow the dollars · Assumption only
A complete cash picture for Nov 29, 2026
Your down payment$111,224Cash toward the purchase price.
Closing costs + prepaids$11,951Not just lender fees.
Before credits & paid funds$123,174The complete starting cash picture.
Estimated remaining funds due at closing
$123,174No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$111,223.56
Your down payment$111,223.56
Closing costs + prepaids$11,950.66
Total buyer cash needed$123,174.22
Remaining funds due$123,174.22
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%)$4,080.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,483.88
Home insurance (12 months up front)$1,800.00
Insurance escrow (3 months)$450.00
Property tax escrow (3 months)$654.50
Initial HOA (3 months)$405.00
Prepaid interest, first (2 days)$109.28
Fees + prepaids$11,950.66
Your down payment is the seller’s equity. You take over the $296,776 balance, so the rest of the $408,000 price is paid at closing. A second mortgage can cover part of it. $123,174.22 is due at closing. Uses and sources reconcile at $419,950.66 each. Not a Closing Disclosure.