Follow the dollars · Assumption only
A complete cash picture for Dec 8, 2026
Your down payment$27,595Cash toward the purchase price.
Closing costs + prepaids$14,348Not just lender fees.
Before credits & paid funds$41,943The complete starting cash picture.
Estimated remaining funds due at closing
$41,943No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$27,594.81
Your down payment$27,594.81
Closing costs + prepaids$14,347.81
Total buyer cash needed$41,942.63
Remaining funds due$41,942.63
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%)$4,250.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,987.03
Home insurance (12 months up front)$1,800.00
Insurance escrow (3 months)$450.00
Property tax escrow (3 months)$1,062.50
Initial HOA (3 months)$56.01
Prepaid interest, first (24 days)$1,774.28
Fees + prepaids$14,347.81
Your down payment is the seller’s equity. You take over the $397,405 balance, so the rest of the $425,000 price is paid at closing. A second mortgage can cover part of it. $41,942.63 is due at closing. Uses and sources reconcile at $439,347.81 each. Not a Closing Disclosure.