Follow the dollars · Assumption only
A complete cash picture for Dec 7, 2026
Your down payment$4,117Cash toward the purchase price.
Closing costs + prepaids$16,254Not just lender fees.
Before credits & paid funds$20,371The complete starting cash picture.
Estimated remaining funds due at closing
$20,371No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$4,116.81
Your down payment$4,116.81
Closing costs + prepaids$16,253.89
Total buyer cash needed$20,370.70
Remaining funds due$20,370.70
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%)$6,236.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$3,097.42
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$41.00
Initial HOA (3 months)$32.49
Prepaid interest, first (25 days)$1,378.99
Fees + prepaids$16,253.89
Your down payment is the seller’s equity. You take over the $619,483 balance, so the rest of the $623,600 price is paid at closing. A second mortgage can cover part of it. $20,370.70 is due at closing. Uses and sources reconcile at $639,853.89 each. Not a Closing Disclosure.