Follow the dollars · Assumption only
A complete cash picture for Dec 1, 2026
Your down payment$120,668Cash toward the purchase price.
Closing costs + prepaids$12,241Not just lender fees.
Before credits & paid funds$132,909The complete starting cash picture.
Estimated remaining funds due at closing
$132,909No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$120,667.93
Your down payment$120,667.93
Closing costs + prepaids$12,241.21
Total buyer cash needed$132,909.15
Remaining funds due$132,909.15
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%)$3,890.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,341.66
Home insurance (12 months up front)$1,800.00
Insurance escrow (3 months)$450.00
Property tax escrow (3 months)$273.75
Prepaid interest, first (31 days)$1,517.80
Fees + prepaids$12,241.21
Your down payment is the seller’s equity. You take over the $268,332 balance, so the rest of the $389,000 price is paid at closing. A second mortgage can cover part of it. $132,909.15 is due at closing. Uses and sources reconcile at $401,241.21 each. Not a Closing Disclosure.