Follow the dollars · Assumption only
A complete cash picture for Dec 22, 2026
Your down payment$45,689Cash toward the purchase price.
Closing costs + prepaids$9,211Not just lender fees.
Before credits & paid funds$54,900The complete starting cash picture.
Estimated remaining funds due at closing
$54,900No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$45,689.38
Your down payment$45,689.38
Closing costs + prepaids$9,210.81
Total buyer cash needed$54,900.19
Remaining funds due$54,900.19
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%)$971.55
Home insurance (12 months up front)$1,800.00
Insurance escrow (3 months)$450.00
Property tax escrow (3 months)$288.00
Prepaid interest, first (10 days)$333.26
Fees + prepaids$9,210.81
Your down payment is the seller’s equity. You take over the $194,311 balance, so the rest of the $240,000 price is paid at closing. A second mortgage can cover part of it. $54,900.19 is due at closing. Uses and sources reconcile at $249,210.81 each. Not a Closing Disclosure.