Follow the dollars · Assumption only
A complete cash picture for Dec 1, 2026
Your down payment$242,071Cash toward the purchase price.
Closing costs + prepaids$18,254Not just lender fees.
Before credits & paid funds$260,324The complete starting cash picture.
Estimated remaining funds due at closing
$260,324No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$242,070.54
Your down payment$242,070.54
Closing costs + prepaids$18,253.79
Total buyer cash needed$260,324.33
Remaining funds due$260,324.33
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%)$7,250.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$2,414.65
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$1,001.00
Initial HOA (3 months)$234.00
Prepaid interest, first (31 days)$1,136.14
Fees + prepaids$18,253.79
Your down payment is the seller’s equity. You take over the $482,929 balance, so the rest of the $725,000 price is paid at closing. A second mortgage can cover part of it. $260,324.33 is due at closing. Uses and sources reconcile at $743,253.79 each. Not a Closing Disclosure.