Follow the dollars · Assumption only
A complete cash picture for Dec 22, 2026
Your down payment$53,995Cash toward the purchase price.
Closing costs + prepaids$9,060Not just lender fees.
Before credits & paid funds$63,055The complete starting cash picture.
Estimated remaining funds due at closing
$63,055No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$53,994.71
Your down payment$53,994.71
Closing costs + prepaids$9,060.41
Total buyer cash needed$63,055.12
Remaining funds due$63,055.12
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%)$2,450.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$955.03
Home insurance (12 months up front)$1,800.00
Insurance escrow (3 months)$450.00
Property tax escrow (3 months)$294.00
Prepaid interest, first (10 days)$143.38
Fees + prepaids$9,060.41
Your down payment is the seller’s equity. You take over the $191,005 balance, so the rest of the $245,000 price is paid at closing. A second mortgage can cover part of it. $63,055.12 is due at closing. Uses and sources reconcile at $254,060.41 each. Not a Closing Disclosure.