Follow the dollars · Assumption only
A complete cash picture for Dec 2, 2026
Your down payment$140,162Cash toward the purchase price.
Closing costs + prepaids$9,853Not just lender fees.
Before credits & paid funds$150,015The complete starting cash picture.
Estimated remaining funds due at closing
$150,015No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$140,162.27
Your down payment$140,162.27
Closing costs + prepaids$9,853.19
Total buyer cash needed$150,015.47
Remaining funds due$150,015.47
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%)$524.19
Home insurance (12 months up front)$1,800.00
Insurance escrow (3 months)$450.00
Property tax escrow (3 months)$217.50
Initial HOA (3 months)$1,185.00
Prepaid interest, first (30 days)$258.50
Fees + prepaids$9,853.19
Your down payment is the seller’s equity. You take over the $104,838 balance, so the rest of the $245,000 price is paid at closing. A second mortgage can cover part of it. $150,015.47 is due at closing. Uses and sources reconcile at $254,853.19 each. Not a Closing Disclosure.