Follow the dollars · Assumption only
A complete cash picture for Dec 5, 2026
Your down payment$138,512Cash toward the purchase price.
Closing costs + prepaids$10,505Not just lender fees.
Before credits & paid funds$149,017The complete starting cash picture.
Estimated remaining funds due at closing
$149,017No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$138,511.93
Your down payment$138,511.93
Closing costs + prepaids$10,505.44
Total buyer cash needed$149,017.36
Remaining funds due$149,017.36
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%)$2,450.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$532.44
Home insurance (12 months up front)$1,800.00
Insurance escrow (3 months)$450.00
Property tax escrow (3 months)$434.50
Initial HOA (3 months)$1,620.00
Prepaid interest, first (27 days)$250.49
Fees + prepaids$10,505.44
Your down payment is the seller’s equity. You take over the $106,488 balance, so the rest of the $245,000 price is paid at closing. A second mortgage can cover part of it. $149,017.36 is due at closing. Uses and sources reconcile at $255,505.44 each. Not a Closing Disclosure.