Follow the dollars · Assumption only
A complete cash picture for Dec 10, 2026
Your down payment$250,004Cash toward the purchase price.
Closing costs + prepaids$14,698Not just lender fees.
Before credits & paid funds$264,702The complete starting cash picture.
Estimated remaining funds due at closing
$264,702No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$250,004.41
Your down payment$250,004.41
Closing costs + prepaids$14,697.86
Total buyer cash needed$264,702.27
Remaining funds due$264,702.27
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%)$874.98
Home insurance (12 months up front)$1,800.00
Insurance escrow (3 months)$450.00
Property tax escrow (3 months)$686.00
Initial HOA (3 months)$3,363.00
Prepaid interest, first (22 days)$305.88
Fees + prepaids$14,697.86
Your down payment is the seller’s equity. You take over the $174,996 balance, so the rest of the $425,000 price is paid at closing. A second mortgage can cover part of it. $264,702.27 is due at closing. Uses and sources reconcile at $439,697.86 each. Not a Closing Disclosure.