Follow the dollars · Assumption only
A complete cash picture for Dec 4, 2026
Your down payment$229,658Cash toward the purchase price.
Closing costs + prepaids$15,635Not just lender fees.
Before credits & paid funds$245,293The complete starting cash picture.
Estimated remaining funds due at closing
$245,293No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$229,658.39
Your down payment$229,658.39
Closing costs + prepaids$15,634.58
Total buyer cash needed$245,292.97
Remaining funds due$245,292.97
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%)$6,200.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,951.71
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$1,011.50
Initial HOA (3 months)$135.00
Prepaid interest, first (28 days)$868.38
Fees + prepaids$15,634.58
Your down payment is the seller’s equity. You take over the $390,342 balance, so the rest of the $620,000 price is paid at closing. A second mortgage can cover part of it. $245,292.97 is due at closing. Uses and sources reconcile at $635,634.58 each. Not a Closing Disclosure.