Follow the dollars · Assumption only
A complete cash picture for Dec 7, 2026
Your down payment$2,872Cash toward the purchase price.
Closing costs + prepaids$10,880Not just lender fees.
Before credits & paid funds$13,753The complete starting cash picture.
Estimated remaining funds due at closing
$13,753No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$2,872.46
Your down payment$2,872.46
Closing costs + prepaids$10,880.11
Total buyer cash needed$13,752.57
Remaining funds due$13,752.57
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%)$2,400.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,185.64
Home insurance (12 months up front)$1,800.00
Insurance escrow (3 months)$450.00
Property tax escrow (3 months)$600.00
Initial HOA (3 months)$450.00
Prepaid interest, first (25 days)$1,026.47
Fees + prepaids$10,880.11
Your down payment is the seller’s equity. You take over the $237,128 balance, so the rest of the $240,000 price is paid at closing. A second mortgage can cover part of it. $13,752.57 is due at closing. Uses and sources reconcile at $250,880.11 each. Not a Closing Disclosure.