Follow the dollars · Assumption only
A complete cash picture for Dec 15, 2026
Your down payment$36,991Cash toward the purchase price.
Closing costs + prepaids$17,282Not just lender fees.
Before credits & paid funds$54,273The complete starting cash picture.
Estimated remaining funds due at closing
$54,273No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$36,990.92
Your down payment$36,990.92
Closing costs + prepaids$17,281.79
Total buyer cash needed$54,272.71
Remaining funds due$54,272.71
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%)$2,940.05
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$781.25
Initial HOA (3 months)$150.00
Prepaid interest, first (17 days)$1,692.50
Fees + prepaids$17,281.79
Your down payment is the seller’s equity. You take over the $588,009 balance, so the rest of the $625,000 price is paid at closing. A second mortgage can cover part of it. $54,272.71 is due at closing. Uses and sources reconcile at $642,281.79 each. Not a Closing Disclosure.