Follow the dollars · Assumption only
A complete cash picture for Dec 26, 2026
Your down payment$119,145Cash toward the purchase price.
Closing costs + prepaids$15,499Not just lender fees.
Before credits & paid funds$134,644The complete starting cash picture.
Estimated remaining funds due at closing
$134,644No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$119,144.74
Your down payment$119,144.74
Closing costs + prepaids$15,499.21
Total buyer cash needed$134,643.95
Remaining funds due$134,643.95
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%)$6,000.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$2,404.28
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$720.00
Initial HOA (3 months)$405.00
Prepaid interest, first (6 days)$501.93
Fees + prepaids$15,499.21
Your down payment is the seller’s equity. You take over the $480,855 balance, so the rest of the $600,000 price is paid at closing. A second mortgage can cover part of it. $134,643.95 is due at closing. Uses and sources reconcile at $615,499.21 each. Not a Closing Disclosure.