Follow the dollars · Assumption only
A complete cash picture for Dec 10, 2026
Your down payment$24,226Cash toward the purchase price.
Closing costs + prepaids$18,058Not just lender fees.
Before credits & paid funds$42,284The complete starting cash picture.
Estimated remaining funds due at closing
$42,284No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$24,226.10
Your down payment$24,226.10
Closing costs + prepaids$18,058.07
Total buyer cash needed$42,284.17
Remaining funds due$42,284.17
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%)$6,249.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$3,003.37
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$725.75
Initial HOA (3 months)$360.00
Prepaid interest, first (22 days)$2,251.95
Fees + prepaids$18,058.07
Your down payment is the seller’s equity. You take over the $600,674 balance, so the rest of the $624,900 price is paid at closing. A second mortgage can cover part of it. $42,284.17 is due at closing. Uses and sources reconcile at $642,958.07 each. Not a Closing Disclosure.