Follow the dollars · Assumption only
A complete cash picture for Dec 20, 2026
Your down payment$16,140Cash toward the purchase price.
Closing costs + prepaids$16,942Not just lender fees.
Before credits & paid funds$33,082The complete starting cash picture.
Estimated remaining funds due at closing
$33,082No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$16,140.32
Your down payment$16,140.32
Closing costs + prepaids$16,941.71
Total buyer cash needed$33,082.03
Remaining funds due$33,082.03
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%)$3,044.30
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$750.00
Initial HOA (3 months)$86.25
Prepaid interest, first (12 days)$1,343.16
Fees + prepaids$16,941.71
Your down payment is the seller’s equity. You take over the $608,860 balance, so the rest of the $625,000 price is paid at closing. A second mortgage can cover part of it. $33,082.03 is due at closing. Uses and sources reconcile at $641,941.71 each. Not a Closing Disclosure.