Follow the dollars · Assumption only
A complete cash picture for Dec 1, 2026
Your down payment$221,896Cash toward the purchase price.
Closing costs + prepaids$15,802Not just lender fees.
Before credits & paid funds$237,699The complete starting cash picture.
Estimated remaining funds due at closing
$237,699No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$221,896.17
Your down payment$221,896.17
Closing costs + prepaids$15,802.47
Total buyer cash needed$237,698.65
Remaining funds due$237,698.65
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%)$2,015.52
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$562.75
Initial HOA (3 months)$462.00
Prepaid interest, first (31 days)$1,044.20
Fees + prepaids$15,802.47
Your down payment is the seller’s equity. You take over the $403,104 balance, so the rest of the $625,000 price is paid at closing. A second mortgage can cover part of it. $237,698.65 is due at closing. Uses and sources reconcile at $640,802.47 each. Not a Closing Disclosure.