Follow the dollars · Assumption only
A complete cash picture for Dec 7, 2026
Your down payment$120,919Cash toward the purchase price.
Closing costs + prepaids$17,950Not just lender fees.
Before credits & paid funds$138,868The complete starting cash picture.
Estimated remaining funds due at closing
$138,868No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$120,918.60
Your down payment$120,918.60
Closing costs + prepaids$17,949.83
Total buyer cash needed$138,868.43
Remaining funds due$138,868.43
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%)$2,520.41
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$774.00
Initial HOA (3 months)$600.00
Prepaid interest, first (25 days)$2,337.42
Fees + prepaids$17,949.83
Your down payment is the seller’s equity. You take over the $504,081 balance, so the rest of the $625,000 price is paid at closing. A second mortgage can cover part of it. $138,868.43 is due at closing. Uses and sources reconcile at $642,949.83 each. Not a Closing Disclosure.