Follow the dollars · Assumption only
A complete cash picture for Dec 17, 2026
Your down payment$225,726Cash toward the purchase price.
Closing costs + prepaids$31,450Not just lender fees.
Before credits & paid funds$257,175The complete starting cash picture.
Estimated remaining funds due at closing
$257,175No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$225,725.51
Your down payment$225,725.51
Closing costs + prepaids$31,449.94
Total buyer cash needed$257,175.45
Remaining funds due$257,175.45
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%)$14,240.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$5,991.37
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$1,780.00
Prepaid interest, first (15 days)$3,220.57
Fees + prepaids$31,449.94
Your down payment is the seller’s equity. You take over the $1,198,274 balance, so the rest of the $1,424,000 price is paid at closing. A second mortgage can cover part of it. $257,175.45 is due at closing. Uses and sources reconcile at $1,455,449.94 each. Not a Closing Disclosure.