Follow the dollars · Assumption only
A complete cash picture for Dec 7, 2026
Your down payment$69,483Cash toward the purchase price.
Closing costs + prepaids$17,863Not just lender fees.
Before credits & paid funds$87,345The complete starting cash picture.
Estimated remaining funds due at closing
$87,345No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$69,482.72
Your down payment$69,482.72
Closing costs + prepaids$17,862.69
Total buyer cash needed$87,345.40
Remaining funds due$87,345.40
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%)$2,752.59
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$1,550.00
Initial HOA (3 months)$414.00
Prepaid interest, first (25 days)$1,478.10
Fees + prepaids$17,862.69
Your down payment is the seller’s equity. You take over the $550,517 balance, so the rest of the $620,000 price is paid at closing. A second mortgage can cover part of it. $87,345.40 is due at closing. Uses and sources reconcile at $637,862.69 each. Not a Closing Disclosure.