Follow the dollars · Assumption only
A complete cash picture for Dec 4, 2026
Your down payment$40,248Cash toward the purchase price.
Closing costs + prepaids$22,290Not just lender fees.
Before credits & paid funds$62,538The complete starting cash picture.
Estimated remaining funds due at closing
$62,538No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$40,248.00
Your down payment$40,248.00
Closing costs + prepaids$22,290.37
Total buyer cash needed$62,538.37
Remaining funds due$62,538.37
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%)$6,750.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$3,173.76
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$1,687.50
Initial HOA (3 months)$2,085.00
Prepaid interest, first (28 days)$3,126.11
Fees + prepaids$22,290.37
Your down payment is the seller’s equity. You take over the $634,752 balance, so the rest of the $675,000 price is paid at closing. A second mortgage can cover part of it. $62,538.37 is due at closing. Uses and sources reconcile at $697,290.37 each. Not a Closing Disclosure.