Follow the dollars · Assumption only
A complete cash picture for Dec 1, 2026
Your down payment$13,613Cash toward the purchase price.
Closing costs + prepaids$20,699Not just lender fees.
Before credits & paid funds$34,311The complete starting cash picture.
Estimated remaining funds due at closing
$34,311No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$13,612.72
Your down payment$13,612.72
Closing costs + prepaids$20,698.64
Total buyer cash needed$34,311.37
Remaining funds due$34,311.37
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%)$6,850.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$3,356.94
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$1,075.75
Initial HOA (3 months)$156.00
Prepaid interest, first (31 days)$3,791.96
Fees + prepaids$20,698.64
Your down payment is the seller’s equity. You take over the $671,387 balance, so the rest of the $685,000 price is paid at closing. A second mortgage can cover part of it. $34,311.37 is due at closing. Uses and sources reconcile at $705,698.64 each. Not a Closing Disclosure.