Follow the dollars · Assumption only
A complete cash picture for Dec 7, 2026
Your down payment$393,080Cash toward the purchase price.
Closing costs + prepaids$14,882Not just lender fees.
Before credits & paid funds$407,962The complete starting cash picture.
Estimated remaining funds due at closing
$407,962No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$393,080.48
Your down payment$393,080.48
Closing costs + prepaids$14,881.70
Total buyer cash needed$407,962.18
Remaining funds due$407,962.18
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%)$1,159.60
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$1,562.50
Prepaid interest, first (25 days)$441.60
Fees + prepaids$14,881.70
Your down payment is the seller’s equity. You take over the $231,920 balance, so the rest of the $625,000 price is paid at closing. A second mortgage can cover part of it. $407,962.18 is due at closing. Uses and sources reconcile at $639,881.70 each. Not a Closing Disclosure.