Follow the dollars · Assumption only
A complete cash picture for Dec 22, 2026
Your down payment$396,103Cash toward the purchase price.
Closing costs + prepaids$10,305Not just lender fees.
Before credits & paid funds$406,408The complete starting cash picture.
Estimated remaining funds due at closing
$406,408No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$396,103.45
Your down payment$396,103.45
Closing costs + prepaids$10,304.71
Total buyer cash needed$406,408.16
Remaining funds due$406,408.16
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%)$4,250.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$144.48
Home insurance (12 months up front)$1,800.00
Insurance escrow (3 months)$450.00
Property tax escrow (3 months)$510.00
Initial HOA (3 months)$120.00
Prepaid interest, first (10 days)$62.23
Fees + prepaids$10,304.71
Your down payment is the seller’s equity. You take over the $28,897 balance, so the rest of the $425,000 price is paid at closing. A second mortgage can cover part of it. $406,408.16 is due at closing. Uses and sources reconcile at $435,304.71 each. Not a Closing Disclosure.