Follow the dollars · Assumption only
A complete cash picture for Nov 29, 2026
Your down payment$53,535Cash toward the purchase price.
Closing costs + prepaids$8,940Not just lender fees.
Before credits & paid funds$62,474The complete starting cash picture.
Estimated remaining funds due at closing
$62,474No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$53,534.92
Your down payment$53,534.92
Closing costs + prepaids$8,939.57
Total buyer cash needed$62,474.49
Remaining funds due$62,474.49
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%)$957.33
Home insurance (12 months up front)$1,800.00
Insurance escrow (3 months)$450.00
Property tax escrow (3 months)$285.50
Prepaid interest, first (2 days)$28.75
Fees + prepaids$8,939.57
Your down payment is the seller’s equity. You take over the $191,465 balance, so the rest of the $245,000 price is paid at closing. A second mortgage can cover part of it. $62,474.49 is due at closing. Uses and sources reconcile at $253,939.57 each. Not a Closing Disclosure.