Follow the dollars · Assumption only
A complete cash picture for Dec 20, 2026
Your down payment$2,166Cash toward the purchase price.
Closing costs + prepaids$18,411Not just lender fees.
Before credits & paid funds$20,577The complete starting cash picture.
Estimated remaining funds due at closing
$20,577No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$2,165.69
Your down payment$2,165.69
Closing costs + prepaids$18,411.15
Total buyer cash needed$20,576.84
Remaining funds due$20,576.84
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%)$6,950.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$3,464.17
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$834.00
Initial HOA (3 months)$80.01
Prepaid interest, first (12 days)$1,614.97
Fees + prepaids$18,411.15
Your down payment is the seller’s equity. You take over the $692,834 balance, so the rest of the $695,000 price is paid at closing. A second mortgage can cover part of it. $20,576.84 is due at closing. Uses and sources reconcile at $713,411.15 each. Not a Closing Disclosure.