Follow the dollars · Assumption only
A complete cash picture for Dec 20, 2026
Your down payment$396,056Cash toward the purchase price.
Closing costs + prepaids$12,219Not just lender fees.
Before credits & paid funds$408,276The complete starting cash picture.
Estimated remaining funds due at closing
$408,276No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$396,056.38
Your down payment$396,056.38
Closing costs + prepaids$12,219.39
Total buyer cash needed$408,275.77
Remaining funds due$408,275.77
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%)$644.72
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$630.00
Initial HOA (3 months)$56.25
Prepaid interest, first (12 days)$170.42
Fees + prepaids$12,219.39
Your down payment is the seller’s equity. You take over the $128,944 balance, so the rest of the $525,000 price is paid at closing. A second mortgage can cover part of it. $408,275.77 is due at closing. Uses and sources reconcile at $537,219.39 each. Not a Closing Disclosure.