Follow the dollars · Assumption only
A complete cash picture for Dec 20, 2026
Your down payment$21,381Cash toward the purchase price.
Closing costs + prepaids$16,948Not just lender fees.
Before credits & paid funds$38,329The complete starting cash picture.
Estimated remaining funds due at closing
$38,329No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$21,381.08
Your down payment$21,381.08
Closing costs + prepaids$16,948.25
Total buyer cash needed$38,329.33
Remaining funds due$38,329.33
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%)$6,205.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$2,995.59
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$744.50
Initial HOA (3 months)$180.00
Prepaid interest, first (12 days)$1,355.16
Fees + prepaids$16,948.25
Your down payment is the seller’s equity. You take over the $599,119 balance, so the rest of the $620,500 price is paid at closing. A second mortgage can cover part of it. $38,329.33 is due at closing. Uses and sources reconcile at $637,448.25 each. Not a Closing Disclosure.