Follow the dollars · Assumption only
A complete cash picture for Dec 12, 2026
Your down payment$120,153Cash toward the purchase price.
Closing costs + prepaids$16,757Not just lender fees.
Before credits & paid funds$136,910The complete starting cash picture.
Estimated remaining funds due at closing
$136,910No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$120,153.00
Your down payment$120,153.00
Closing costs + prepaids$16,757.30
Total buyer cash needed$136,910.30
Remaining funds due$136,910.30
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%)$6,350.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$2,574.23
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$691.50
Initial HOA (3 months)$231.99
Prepaid interest, first (20 days)$1,441.57
Fees + prepaids$16,757.30
Your down payment is the seller’s equity. You take over the $514,847 balance, so the rest of the $635,000 price is paid at closing. A second mortgage can cover part of it. $136,910.30 is due at closing. Uses and sources reconcile at $651,757.30 each. Not a Closing Disclosure.