Follow the dollars · Assumption only
A complete cash picture for Dec 4, 2026
Your down payment$406,645Cash toward the purchase price.
Closing costs + prepaids$14,981Not just lender fees.
Before credits & paid funds$421,626The complete starting cash picture.
Estimated remaining funds due at closing
$421,626No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$406,645.03
Your down payment$406,645.03
Closing costs + prepaids$14,980.85
Total buyer cash needed$421,625.89
Remaining funds due$421,625.89
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%)$6,249.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,091.27
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$1,520.50
Initial HOA (3 months)$195.00
Prepaid interest, first (28 days)$457.08
Fees + prepaids$14,980.85
Your down payment is the seller’s equity. You take over the $218,255 balance, so the rest of the $624,900 price is paid at closing. A second mortgage can cover part of it. $421,625.89 is due at closing. Uses and sources reconcile at $639,880.85 each. Not a Closing Disclosure.