Follow the dollars · Assumption only
A complete cash picture for Dec 5, 2026
Your down payment$147,892Cash toward the purchase price.
Closing costs + prepaids$18,229Not just lender fees.
Before credits & paid funds$166,121The complete starting cash picture.
Estimated remaining funds due at closing
$166,121No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$147,892.42
Your down payment$147,892.42
Closing costs + prepaids$18,228.53
Total buyer cash needed$166,120.96
Remaining funds due$166,120.96
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%)$6,700.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$2,610.54
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$1,675.00
Initial HOA (3 months)$570.00
Prepaid interest, first (27 days)$1,205.00
Fees + prepaids$18,228.53
Your down payment is the seller’s equity. You take over the $522,108 balance, so the rest of the $670,000 price is paid at closing. A second mortgage can cover part of it. $166,120.96 is due at closing. Uses and sources reconcile at $688,228.53 each. Not a Closing Disclosure.