Follow the dollars · Assumption only
A complete cash picture for Dec 10, 2026
Your down payment$255,193Cash toward the purchase price.
Closing costs + prepaids$15,673Not just lender fees.
Before credits & paid funds$270,865The complete starting cash picture.
Estimated remaining funds due at closing
$270,865No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$255,192.67
Your down payment$255,192.67
Closing costs + prepaids$15,672.53
Total buyer cash needed$270,865.21
Remaining funds due$270,865.21
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%)$1,849.04
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$1,231.50
Initial HOA (3 months)$105.00
Prepaid interest, first (22 days)$769.00
Fees + prepaids$15,672.53
Your down payment is the seller’s equity. You take over the $369,807 balance, so the rest of the $625,000 price is paid at closing. A second mortgage can cover part of it. $270,865.21 is due at closing. Uses and sources reconcile at $640,672.53 each. Not a Closing Disclosure.