Follow the dollars · Assumption only
A complete cash picture for Dec 7, 2026
Your down payment$40,088Cash toward the purchase price.
Closing costs + prepaids$21,996Not just lender fees.
Before credits & paid funds$62,085The complete starting cash picture.
Estimated remaining funds due at closing
$62,085No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$40,088.26
Your down payment$40,088.26
Closing costs + prepaids$21,996.44
Total buyer cash needed$62,084.70
Remaining funds due$62,084.70
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%)$7,450.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$3,524.56
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$1,862.50
Initial HOA (3 months)$648.00
Prepaid interest, first (25 days)$2,293.38
Fees + prepaids$21,996.44
Your down payment is the seller’s equity. You take over the $704,912 balance, so the rest of the $745,000 price is paid at closing. A second mortgage can cover part of it. $62,084.70 is due at closing. Uses and sources reconcile at $766,996.44 each. Not a Closing Disclosure.