Follow the dollars · Assumption only
A complete cash picture for Dec 8, 2026
Your down payment$22,595Cash toward the purchase price.
Closing costs + prepaids$14,669Not just lender fees.
Before credits & paid funds$37,264The complete starting cash picture.
Estimated remaining funds due at closing
$37,264No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$22,594.66
Your down payment$22,594.66
Closing costs + prepaids$14,669.44
Total buyer cash needed$37,264.10
Remaining funds due$37,264.10
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%)$4,200.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,987.03
Home insurance (12 months up front)$1,800.00
Insurance escrow (3 months)$450.00
Property tax escrow (3 months)$1,039.25
Initial HOA (3 months)$234.00
Prepaid interest, first (24 days)$1,991.16
Fees + prepaids$14,669.44
Your down payment is the seller’s equity. You take over the $397,405 balance, so the rest of the $420,000 price is paid at closing. A second mortgage can cover part of it. $37,264.10 is due at closing. Uses and sources reconcile at $434,669.44 each. Not a Closing Disclosure.