Follow the dollars · Assumption only
A complete cash picture for Dec 7, 2026
Your down payment$20,608Cash toward the purchase price.
Closing costs + prepaids$19,671Not just lender fees.
Before credits & paid funds$40,279The complete starting cash picture.
Estimated remaining funds due at closing
$40,279No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$20,607.96
Your down payment$20,607.96
Closing costs + prepaids$19,670.95
Total buyer cash needed$40,278.91
Remaining funds due$40,278.91
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%)$6,150.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$2,971.96
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$1,537.50
Initial HOA (3 months)$1,056.00
Prepaid interest, first (25 days)$2,487.49
Fees + prepaids$19,670.95
Your down payment is the seller’s equity. You take over the $594,392 balance, so the rest of the $615,000 price is paid at closing. A second mortgage can cover part of it. $40,278.91 is due at closing. Uses and sources reconcile at $634,670.95 each. Not a Closing Disclosure.