Follow the dollars · Assumption only
A complete cash picture for Dec 2, 2026
Your down payment$250,004Cash toward the purchase price.
Closing costs + prepaids$14,809Not just lender fees.
Before credits & paid funds$264,813The complete starting cash picture.
Estimated remaining funds due at closing
$264,813No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$250,004.41
Your down payment$250,004.41
Closing costs + prepaids$14,809.09
Total buyer cash needed$264,813.50
Remaining funds due$264,813.50
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%)$4,250.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$874.98
Home insurance (12 months up front)$1,800.00
Insurance escrow (3 months)$450.00
Property tax escrow (3 months)$686.00
Initial HOA (3 months)$3,363.00
Prepaid interest, first (30 days)$417.11
Fees + prepaids$14,809.09
Your down payment is the seller’s equity. You take over the $174,996 balance, so the rest of the $425,000 price is paid at closing. A second mortgage can cover part of it. $264,813.50 is due at closing. Uses and sources reconcile at $439,809.09 each. Not a Closing Disclosure.