Follow the dollars · Assumption only
A complete cash picture for Dec 4, 2026
Your down payment$20,643Cash toward the purchase price.
Closing costs + prepaids$20,092Not just lender fees.
Before credits & paid funds$40,735The complete starting cash picture.
Estimated remaining funds due at closing
$40,735No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$20,643.06
Your down payment$20,643.06
Closing costs + prepaids$20,092.38
Total buyer cash needed$40,735.45
Remaining funds due$40,735.45
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%)$6,299.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$3,046.28
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$1,574.75
Initial HOA (3 months)$615.00
Prepaid interest, first (28 days)$3,089.35
Fees + prepaids$20,092.38
Your down payment is the seller’s equity. You take over the $609,257 balance, so the rest of the $629,900 price is paid at closing. A second mortgage can cover part of it. $40,735.45 is due at closing. Uses and sources reconcile at $649,992.38 each. Not a Closing Disclosure.