Follow the dollars · Assumption only
A complete cash picture for Dec 8, 2026
Your down payment$118,881Cash toward the purchase price.
Closing costs + prepaids$8,596Not just lender fees.
Before credits & paid funds$127,477The complete starting cash picture.
Estimated remaining funds due at closing
$127,477No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$118,880.75
Your down payment$118,880.75
Closing costs + prepaids$8,596.35
Total buyer cash needed$127,477.11
Remaining funds due$127,477.11
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%)$2,490.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$650.60
Home insurance (12 months up front)$1,800.00
Insurance escrow (3 months)$450.00
Property tax escrow (3 months)$6.75
Prepaid interest, first (24 days)$231.01
Fees + prepaids$8,596.35
Your down payment is the seller’s equity. You take over the $130,119 balance, so the rest of the $249,000 price is paid at closing. A second mortgage can cover part of it. $127,477.11 is due at closing. Uses and sources reconcile at $257,596.35 each. Not a Closing Disclosure.