Follow the dollars · Assumption only
A complete cash picture for Dec 14, 2026
Your down payment$253,292Cash toward the purchase price.
Closing costs + prepaids$17,239Not just lender fees.
Before credits & paid funds$270,530The complete starting cash picture.
Estimated remaining funds due at closing
$270,530No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$253,291.58
Your down payment$253,291.58
Closing costs + prepaids$17,238.51
Total buyer cash needed$270,530.09
Remaining funds due$270,530.09
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%)$6,249.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,858.04
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$1,798.25
Initial HOA (3 months)$762.00
Prepaid interest, first (18 days)$1,103.22
Fees + prepaids$17,238.51
Your down payment is the seller’s equity. You take over the $371,608 balance, so the rest of the $624,900 price is paid at closing. A second mortgage can cover part of it. $270,530.09 is due at closing. Uses and sources reconcile at $642,138.51 each. Not a Closing Disclosure.