Follow the dollars · Assumption only
A complete cash picture for Dec 20, 2026
Your down payment$230,834Cash toward the purchase price.
Closing costs + prepaids$15,025Not just lender fees.
Before credits & paid funds$245,859The complete starting cash picture.
Estimated remaining funds due at closing
$245,859No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$230,834.01
Your down payment$230,834.01
Closing costs + prepaids$15,024.92
Total buyer cash needed$245,858.93
Remaining funds due$245,858.93
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%)$1,970.83
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)$174.00
Prepaid interest, first (12 days)$412.09
Fees + prepaids$15,024.92
Your down payment is the seller’s equity. You take over the $394,166 balance, so the rest of the $625,000 price is paid at closing. A second mortgage can cover part of it. $245,858.93 is due at closing. Uses and sources reconcile at $640,024.92 each. Not a Closing Disclosure.