Follow the dollars · Assumption only
A complete cash picture for Dec 1, 2026
Your down payment$40,479Cash toward the purchase price.
Closing costs + prepaids$19,565Not just lender fees.
Before credits & paid funds$60,043The complete starting cash picture.
Estimated remaining funds due at closing
$60,043No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$40,478.93
Your down payment$40,478.93
Closing costs + prepaids$19,564.52
Total buyer cash needed$60,043.45
Remaining funds due$60,043.45
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%)$6,550.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$3,072.61
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$1,279.75
Prepaid interest, first (31 days)$3,194.16
Fees + prepaids$19,564.52
Your down payment is the seller’s equity. You take over the $614,521 balance, so the rest of the $655,000 price is paid at closing. A second mortgage can cover part of it. $60,043.45 is due at closing. Uses and sources reconcile at $674,564.52 each. Not a Closing Disclosure.