Follow the dollars · Assumption only
A complete cash picture for Dec 12, 2026
Your down payment$160,000Cash toward the purchase price.
Closing costs + prepaids$14,301Not just lender fees.
Before credits & paid funds$174,301The complete starting cash picture.
Estimated remaining funds due at closing
$174,301No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$160,000.48
Your down payment$160,000.48
Closing costs + prepaids$14,301.01
Total buyer cash needed$174,301.49
Remaining funds due$174,301.49
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%)$5,400.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,900.00
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$619.75
Initial HOA (3 months)$324.00
Prepaid interest, first (20 days)$589.26
Fees + prepaids$14,301.01
Your down payment is the seller’s equity. You take over the $380,000 balance, so the rest of the $540,000 price is paid at closing. A second mortgage can cover part of it. $174,301.49 is due at closing. Uses and sources reconcile at $554,301.01 each. Not a Closing Disclosure.