Follow the dollars · Assumption only
A complete cash picture for Dec 8, 2026
Your down payment$350,219Cash toward the purchase price.
Closing costs + prepaids$14,253Not just lender fees.
Before credits & paid funds$364,472The complete starting cash picture.
Estimated remaining funds due at closing
$364,472No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$350,218.88
Your down payment$350,218.88
Closing costs + prepaids$14,253.19
Total buyer cash needed$364,472.07
Remaining funds due$364,472.07
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%)$1,373.91
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$744.50
Initial HOA (3 months)$10.26
Prepaid interest, first (24 days)$406.53
Fees + prepaids$14,253.19
Your down payment is the seller’s equity. You take over the $274,781 balance, so the rest of the $625,000 price is paid at closing. A second mortgage can cover part of it. $364,472.07 is due at closing. Uses and sources reconcile at $639,253.19 each. Not a Closing Disclosure.