Follow the dollars · Assumption only
A complete cash picture for Dec 6, 2026
Your down payment$470,652Cash toward the purchase price.
Closing costs + prepaids$14,743Not just lender fees.
Before credits & paid funds$485,395The complete starting cash picture.
Estimated remaining funds due at closing
$485,395No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$470,652.42
Your down payment$470,652.42
Closing costs + prepaids$14,742.85
Total buyer cash needed$485,395.27
Remaining funds due$485,395.27
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%)$6,245.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$769.24
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$330.25
Initial HOA (3 months)$1,548.99
Prepaid interest, first (26 days)$381.37
Fees + prepaids$14,742.85
Your down payment is the seller’s equity. You take over the $153,848 balance, so the rest of the $624,500 price is paid at closing. A second mortgage can cover part of it. $485,395.27 is due at closing. Uses and sources reconcile at $639,242.85 each. Not a Closing Disclosure.