Follow the dollars · Assumption only
A complete cash picture for Dec 8, 2026
Your down payment$122,462Cash toward the purchase price.
Closing costs + prepaids$9,785Not just lender fees.
Before credits & paid funds$132,247The complete starting cash picture.
Estimated remaining funds due at closing
$132,247No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$122,462.31
Your down payment$122,462.31
Closing costs + prepaids$9,785.05
Total buyer cash needed$132,247.36
Remaining funds due$132,247.36
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%)$2,990.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$882.69
Home insurance (12 months up front)$1,800.00
Insurance escrow (3 months)$450.00
Property tax escrow (3 months)$386.75
Prepaid interest, first (24 days)$307.61
Fees + prepaids$9,785.05
Your down payment is the seller’s equity. You take over the $176,538 balance, so the rest of the $299,000 price is paid at closing. A second mortgage can cover part of it. $132,247.36 is due at closing. Uses and sources reconcile at $308,785.05 each. Not a Closing Disclosure.