Follow the dollars · Assumption only
A complete cash picture for Dec 8, 2026
Your down payment$23,752Cash toward the purchase price.
Closing costs + prepaids$14,091Not just lender fees.
Before credits & paid funds$37,843The complete starting cash picture.
Estimated remaining funds due at closing
$37,843No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$23,752.00
Your down payment$23,752.00
Closing costs + prepaids$14,090.72
Total buyer cash needed$37,842.72
Remaining funds due$37,842.72
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%)$2,006.24
Home insurance (12 months up front)$1,800.00
Insurance escrow (3 months)$450.00
Property tax escrow (3 months)$1,062.50
Prepaid interest, first (24 days)$1,553.98
Fees + prepaids$14,090.72
Your down payment is the seller’s equity. You take over the $401,248 balance, so the rest of the $425,000 price is paid at closing. A second mortgage can cover part of it. $37,842.72 is due at closing. Uses and sources reconcile at $439,090.72 each. Not a Closing Disclosure.