Follow the dollars · Assumption only
A complete cash picture for Dec 8, 2026
Your down payment$49,243Cash toward the purchase price.
Closing costs + prepaids$21,784Not just lender fees.
Before credits & paid funds$71,026The complete starting cash picture.
Estimated remaining funds due at closing
$71,026No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$49,242.81
Your down payment$49,242.81
Closing costs + prepaids$21,783.60
Total buyer cash needed$71,026.41
Remaining funds due$71,026.41
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%)$6,850.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$3,178.79
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$3,377.00
Initial HOA (3 months)$33.75
Prepaid interest, first (24 days)$2,876.06
Fees + prepaids$21,783.60
Your down payment is the seller’s equity. You take over the $635,757 balance, so the rest of the $685,000 price is paid at closing. A second mortgage can cover part of it. $71,026.41 is due at closing. Uses and sources reconcile at $706,783.60 each. Not a Closing Disclosure.