Follow the dollars · Assumption only
A complete cash picture for Dec 7, 2026
Your down payment$344,562Cash toward the purchase price.
Closing costs + prepaids$14,873Not just lender fees.
Before credits & paid funds$359,435The complete starting cash picture.
Estimated remaining funds due at closing
$359,435No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$344,561.68
Your down payment$344,561.68
Closing costs + prepaids$14,873.14
Total buyer cash needed$359,434.82
Remaining funds due$359,434.82
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%)$1,402.19
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$539.00
Prepaid interest, first (25 days)$1,213.95
Fees + prepaids$14,873.14
Your down payment is the seller’s equity. You take over the $280,438 balance, so the rest of the $625,000 price is paid at closing. A second mortgage can cover part of it. $359,434.82 is due at closing. Uses and sources reconcile at $639,873.14 each. Not a Closing Disclosure.