Follow the dollars · Assumption only
A complete cash picture for Dec 7, 2026
Your down payment$56,208Cash toward the purchase price.
Closing costs + prepaids$9,380Not just lender fees.
Before credits & paid funds$65,588The complete starting cash picture.
Estimated remaining funds due at closing
$65,588No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$56,207.83
Your down payment$56,207.83
Closing costs + prepaids$9,380.39
Total buyer cash needed$65,588.22
Remaining funds due$65,588.22
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%)$918.96
Home insurance (12 months up front)$1,800.00
Insurance escrow (3 months)$450.00
Prepaid interest, first (25 days)$843.43
Fees + prepaids$9,380.39
Your down payment is the seller’s equity. You take over the $183,792 balance, so the rest of the $240,000 price is paid at closing. A second mortgage can cover part of it. $65,588.22 is due at closing. Uses and sources reconcile at $249,380.39 each. Not a Closing Disclosure.