Follow the dollars · Assumption only
A complete cash picture for Dec 7, 2026
Your down payment$248,500Cash toward the purchase price.
Closing costs + prepaids$9,087Not just lender fees.
Before credits & paid funds$257,588The complete starting cash picture.
Estimated remaining funds due at closing
$257,588No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$248,500.28
Your down payment$248,500.28
Closing costs + prepaids$9,087.31
Total buyer cash needed$257,587.59
Remaining funds due$257,587.59
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%)$2,800.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$157.50
Home insurance (12 months up front)$1,800.00
Insurance escrow (3 months)$450.00
Property tax escrow (3 months)$819.25
Prepaid interest, first (25 days)$92.56
Fees + prepaids$9,087.31
Your down payment is the seller’s equity. You take over the $31,500 balance, so the rest of the $280,000 price is paid at closing. A second mortgage can cover part of it. $257,587.59 is due at closing. Uses and sources reconcile at $289,087.31 each. Not a Closing Disclosure.