Follow the dollars · Assumption only
A complete cash picture for Dec 9, 2026
Your down payment$229,585Cash toward the purchase price.
Closing costs + prepaids$18,660Not just lender fees.
Before credits & paid funds$248,245The complete starting cash picture.
Estimated remaining funds due at closing
$248,245No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$229,585.23
Your down payment$229,585.23
Closing costs + prepaids$18,659.77
Total buyer cash needed$248,245.00
Remaining funds due$248,245.00
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%)$2,477.07
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$1,812.50
Prepaid interest, first (23 days)$902.20
Fees + prepaids$18,659.77
Your down payment is the seller’s equity. You take over the $495,415 balance, so the rest of the $725,000 price is paid at closing. A second mortgage can cover part of it. $248,245.00 is due at closing. Uses and sources reconcile at $743,659.77 each. Not a Closing Disclosure.