Follow the dollars · Assumption only
A complete cash picture for Dec 5, 2026
Your down payment$511,586Cash toward the purchase price.
Closing costs + prepaids$13,359Not just lender fees.
Before credits & paid funds$524,945The complete starting cash picture.
Estimated remaining funds due at closing
$524,945No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$511,585.88
Your down payment$511,585.88
Closing costs + prepaids$13,359.27
Total buyer cash needed$524,945.15
Remaining funds due$524,945.15
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%)$6,200.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$542.07
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$489.50
Initial HOA (3 months)$375.00
Prepaid interest, first (27 days)$284.70
Fees + prepaids$13,359.27
Your down payment is the seller’s equity. You take over the $108,414 balance, so the rest of the $620,000 price is paid at closing. A second mortgage can cover part of it. $524,945.15 is due at closing. Uses and sources reconcile at $633,359.27 each. Not a Closing Disclosure.