Follow the dollars · Assumption only
A complete cash picture for Dec 1, 2026
Your down payment$35,433Cash toward the purchase price.
Closing costs + prepaids$20,529Not just lender fees.
Before credits & paid funds$55,961The complete starting cash picture.
Estimated remaining funds due at closing
$55,961No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$35,432.75
Your down payment$35,432.75
Closing costs + prepaids$20,528.69
Total buyer cash needed$55,961.44
Remaining funds due$55,961.44
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%)$6,750.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$3,197.84
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$1,549.00
Initial HOA (3 months)$120.00
Prepaid interest, first (31 days)$3,443.85
Fees + prepaids$20,528.69
Your down payment is the seller’s equity. You take over the $639,567 balance, so the rest of the $675,000 price is paid at closing. A second mortgage can cover part of it. $55,961.44 is due at closing. Uses and sources reconcile at $695,528.69 each. Not a Closing Disclosure.