Follow the dollars · Assumption only
A complete cash picture for Dec 9, 2026
Your down payment$235,597Cash toward the purchase price.
Closing costs + prepaids$15,965Not just lender fees.
Before credits & paid funds$251,562The complete starting cash picture.
Estimated remaining funds due at closing
$251,562No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$235,597.07
Your down payment$235,597.07
Closing costs + prepaids$15,965.25
Total buyer cash needed$251,562.32
Remaining funds due$251,562.32
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%)$1,947.01
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$1,494.25
Initial HOA (3 months)$62.49
Prepaid interest, first (23 days)$743.49
Fees + prepaids$15,965.25
Your down payment is the seller’s equity. You take over the $389,403 balance, so the rest of the $625,000 price is paid at closing. A second mortgage can cover part of it. $251,562.32 is due at closing. Uses and sources reconcile at $640,965.25 each. Not a Closing Disclosure.