Follow the dollars · Assumption only
A complete cash picture for Dec 20, 2026
Your down payment$40,264Cash toward the purchase price.
Closing costs + prepaids$17,780Not just lender fees.
Before credits & paid funds$58,044The complete starting cash picture.
Estimated remaining funds due at closing
$58,044No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$40,263.87
Your down payment$40,263.87
Closing costs + prepaids$17,780.23
Total buyer cash needed$58,044.10
Remaining funds due$58,044.10
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%)$6,549.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$3,073.18
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$786.00
Initial HOA (3 months)$534.00
Prepaid interest, first (12 days)$1,370.05
Fees + prepaids$17,780.23
Your down payment is the seller’s equity. You take over the $614,636 balance, so the rest of the $654,900 price is paid at closing. A second mortgage can cover part of it. $58,044.10 is due at closing. Uses and sources reconcile at $672,680.23 each. Not a Closing Disclosure.