Follow the dollars · Assumption only
A complete cash picture for Dec 12, 2026
Your down payment$116,481Cash toward the purchase price.
Closing costs + prepaids$25,672Not just lender fees.
Before credits & paid funds$142,153The complete starting cash picture.
Estimated remaining funds due at closing
$142,153No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$116,480.92
Your down payment$116,480.92
Closing costs + prepaids$25,671.61
Total buyer cash needed$142,152.53
Remaining funds due$142,152.53
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%)$10,500.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$4,667.60
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$1,298.75
Prepaid interest, first (20 days)$2,987.26
Fees + prepaids$25,671.61
Your down payment is the seller’s equity. You take over the $933,519 balance, so the rest of the $1,050,000 price is paid at closing. A second mortgage can cover part of it. $142,152.53 is due at closing. Uses and sources reconcile at $1,075,671.61 each. Not a Closing Disclosure.