Follow the dollars · Assumption only
A complete cash picture for Dec 5, 2026
Your down payment$230,834Cash toward the purchase price.
Closing costs + prepaids$16,365Not just lender fees.
Before credits & paid funds$247,199The complete starting cash picture.
Estimated remaining funds due at closing
$247,199No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$230,834.01
Your down payment$230,834.01
Closing costs + prepaids$16,364.79
Total buyer cash needed$247,198.79
Remaining funds due$247,198.79
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%)$1,970.83
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$1,574.75
Initial HOA (3 months)$174.00
Prepaid interest, first (27 days)$927.21
Fees + prepaids$16,364.79
Your down payment is the seller’s equity. You take over the $394,166 balance, so the rest of the $625,000 price is paid at closing. A second mortgage can cover part of it. $247,198.79 is due at closing. Uses and sources reconcile at $641,364.79 each. Not a Closing Disclosure.