Follow the dollars · Assumption only
A complete cash picture for Dec 23, 2026
Your down payment$257,395Cash toward the purchase price.
Closing costs + prepaids$17,700Not just lender fees.
Before credits & paid funds$275,094The complete starting cash picture.
Estimated remaining funds due at closing
$275,094No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$257,394.70
Your down payment$257,394.70
Closing costs + prepaids$17,699.69
Total buyer cash needed$275,094.39
Remaining funds due$275,094.39
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%)$7,250.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$2,338.03
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$870.00
Initial HOA (3 months)$291.51
Prepaid interest, first (9 days)$732.15
Fees + prepaids$17,699.69
Your down payment is the seller’s equity. You take over the $467,605 balance, so the rest of the $725,000 price is paid at closing. A second mortgage can cover part of it. $275,094.39 is due at closing. Uses and sources reconcile at $742,699.69 each. Not a Closing Disclosure.