Follow the dollars · Assumption only
A complete cash picture for Dec 7, 2026
Your down payment$250,354Cash toward the purchase price.
Closing costs + prepaids$14,125Not just lender fees.
Before credits & paid funds$264,480The complete starting cash picture.
Estimated remaining funds due at closing
$264,480No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$250,354.43
Your down payment$250,354.43
Closing costs + prepaids$14,125.44
Total buyer cash needed$264,479.88
Remaining funds due$264,479.88
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%)$5,250.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,373.23
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$1,061.50
Initial HOA (3 months)$137.49
Prepaid interest, first (25 days)$835.22
Fees + prepaids$14,125.44
Your down payment is the seller’s equity. You take over the $274,646 balance, so the rest of the $525,000 price is paid at closing. A second mortgage can cover part of it. $264,479.88 is due at closing. Uses and sources reconcile at $539,125.44 each. Not a Closing Disclosure.