Follow the dollars · Assumption only
A complete cash picture for Dec 8, 2026
Your down payment$1,591Cash toward the purchase price.
Closing costs + prepaids$18,863Not just lender fees.
Before credits & paid funds$20,454The complete starting cash picture.
Estimated remaining funds due at closing
$20,454No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$1,591.29
Your down payment$1,591.29
Closing costs + prepaids$18,862.70
Total buyer cash needed$20,454.00
Remaining funds due$20,454.00
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%)$6,250.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$3,117.04
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$1,285.75
Initial HOA (3 months)$15.99
Prepaid interest, first (24 days)$2,725.92
Fees + prepaids$18,862.70
Your down payment is the seller’s equity. You take over the $623,409 balance, so the rest of the $625,000 price is paid at closing. A second mortgage can cover part of it. $20,454.00 is due at closing. Uses and sources reconcile at $643,862.70 each. Not a Closing Disclosure.