Follow the dollars · Assumption only
A complete cash picture for Dec 7, 2026
Your down payment$120,899Cash toward the purchase price.
Closing costs + prepaids$21,773Not just lender fees.
Before credits & paid funds$142,672The complete starting cash picture.
Estimated remaining funds due at closing
$142,672No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$120,898.93
Your down payment$120,898.93
Closing costs + prepaids$21,773.31
Total buyer cash needed$142,672.24
Remaining funds due$142,672.24
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%)$3,020.51
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$3,059.25
Initial HOA (3 months)$45.00
Prepaid interest, first (25 days)$2,180.56
Fees + prepaids$21,773.31
Your down payment is the seller’s equity. You take over the $604,101 balance, so the rest of the $725,000 price is paid at closing. A second mortgage can cover part of it. $142,672.24 is due at closing. Uses and sources reconcile at $746,773.31 each. Not a Closing Disclosure.