Follow the dollars · Assumption only
A complete cash picture for Dec 9, 2026
Your down payment$25,019Cash toward the purchase price.
Closing costs + prepaids$20,939Not just lender fees.
Before credits & paid funds$45,958The complete starting cash picture.
Estimated remaining funds due at closing
$45,958No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$25,018.75
Your down payment$25,018.75
Closing costs + prepaids$20,938.94
Total buyer cash needed$45,957.69
Remaining funds due$45,957.69
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%)$7,250.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$3,499.91
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$124.25
Initial HOA (3 months)$843.00
Prepaid interest, first (23 days)$3,003.78
Fees + prepaids$20,938.94
Your down payment is the seller’s equity. You take over the $699,981 balance, so the rest of the $725,000 price is paid at closing. A second mortgage can cover part of it. $45,957.69 is due at closing. Uses and sources reconcile at $745,938.94 each. Not a Closing Disclosure.