Follow the dollars · Assumption only
A complete cash picture for Dec 23, 2026
Your down payment$281,105Cash toward the purchase price.
Closing costs + prepaids$14,995Not just lender fees.
Before credits & paid funds$296,100The complete starting cash picture.
Estimated remaining funds due at closing
$296,100No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$281,105.38
Your down payment$281,105.38
Closing costs + prepaids$14,994.58
Total buyer cash needed$296,099.96
Remaining funds due$296,099.96
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%)$6,250.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,719.47
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$750.00
Initial HOA (3 months)$540.00
Prepaid interest, first (9 days)$267.11
Fees + prepaids$14,994.58
Your down payment is the seller’s equity. You take over the $343,895 balance, so the rest of the $625,000 price is paid at closing. A second mortgage can cover part of it. $296,099.96 is due at closing. Uses and sources reconcile at $639,994.58 each. Not a Closing Disclosure.