Follow the dollars · Assumption only
A complete cash picture for Dec 20, 2026
Your down payment$21,706Cash toward the purchase price.
Closing costs + prepaids$17,989Not just lender fees.
Before credits & paid funds$39,695The complete starting cash picture.
Estimated remaining funds due at closing
$39,695No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$21,706.24
Your down payment$21,706.24
Closing costs + prepaids$17,988.83
Total buyer cash needed$39,695.08
Remaining funds due$39,695.08
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%)$6,749.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$3,265.97
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$810.00
Initial HOA (3 months)$300.00
Prepaid interest, first (12 days)$1,395.87
Fees + prepaids$17,988.83
Your down payment is the seller’s equity. You take over the $653,194 balance, so the rest of the $674,900 price is paid at closing. A second mortgage can cover part of it. $39,695.08 is due at closing. Uses and sources reconcile at $692,888.83 each. Not a Closing Disclosure.