Follow the dollars · Assumption only
A complete cash picture for Dec 4, 2026
Your down payment$20,864Cash toward the purchase price.
Closing costs + prepaids$21,799Not just lender fees.
Before credits & paid funds$42,663The complete starting cash picture.
Estimated remaining funds due at closing
$42,663No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$20,863.74
Your down payment$20,863.74
Closing costs + prepaids$21,799.18
Total buyer cash needed$42,662.92
Remaining funds due$42,662.92
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%)$6,920.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$3,355.68
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$1,730.00
Initial HOA (3 months)$840.00
Prepaid interest, first (28 days)$3,485.50
Fees + prepaids$21,799.18
Your down payment is the seller’s equity. You take over the $671,136 balance, so the rest of the $692,000 price is paid at closing. A second mortgage can cover part of it. $42,662.92 is due at closing. Uses and sources reconcile at $713,799.18 each. Not a Closing Disclosure.