Follow the dollars · Assumption only
A complete cash picture for Dec 8, 2026
Your down payment$21,381Cash toward the purchase price.
Closing costs + prepaids$19,285Not just lender fees.
Before credits & paid funds$40,666The complete starting cash picture.
Estimated remaining funds due at closing
$40,666No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$21,381.08
Your down payment$21,381.08
Closing costs + prepaids$19,284.66
Total buyer cash needed$40,665.74
Remaining funds due$40,665.74
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%)$6,205.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$2,995.59
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$1,725.75
Initial HOA (3 months)$180.00
Prepaid interest, first (24 days)$2,710.32
Fees + prepaids$19,284.66
Your down payment is the seller’s equity. You take over the $599,119 balance, so the rest of the $620,500 price is paid at closing. A second mortgage can cover part of it. $40,665.74 is due at closing. Uses and sources reconcile at $639,784.66 each. Not a Closing Disclosure.