Follow the dollars · Assumption only
A complete cash picture for Dec 7, 2026
Your down payment$245,868Cash toward the purchase price.
Closing costs + prepaids$10,457Not just lender fees.
Before credits & paid funds$256,324The complete starting cash picture.
Estimated remaining funds due at closing
$256,324No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$245,867.75
Your down payment$245,867.75
Closing costs + prepaids$10,456.62
Total buyer cash needed$256,324.37
Remaining funds due$256,324.37
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%)$3,599.50
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$570.41
Home insurance (12 months up front)$1,800.00
Insurance escrow (3 months)$450.00
Property tax escrow (3 months)$783.50
Prepaid interest, first (25 days)$285.21
Fees + prepaids$10,456.62
Your down payment is the seller’s equity. You take over the $114,082 balance, so the rest of the $359,950 price is paid at closing. A second mortgage can cover part of it. $256,324.37 is due at closing. Uses and sources reconcile at $370,406.62 each. Not a Closing Disclosure.