Follow the dollars · Assumption only
A complete cash picture for Dec 7, 2026
Your down payment$468,479Cash toward the purchase price.
Closing costs + prepaids$16,949Not just lender fees.
Before credits & paid funds$485,427The complete starting cash picture.
Estimated remaining funds due at closing
$485,427No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$468,478.64
Your down payment$468,478.64
Closing costs + prepaids$16,948.64
Total buyer cash needed$485,427.29
Remaining funds due$485,427.29
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%)$1,282.61
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$1,485.75
Initial HOA (3 months)$201.00
Prepaid interest, first (25 days)$511.29
Fees + prepaids$16,948.64
Your down payment is the seller’s equity. You take over the $256,521 balance, so the rest of the $725,000 price is paid at closing. A second mortgage can cover part of it. $485,427.29 is due at closing. Uses and sources reconcile at $741,948.64 each. Not a Closing Disclosure.