Follow the dollars · Assumption only
A complete cash picture for Nov 30, 2026
Your down payment$55,110Cash toward the purchase price.
Closing costs + prepaids$15,013Not just lender fees.
Before credits & paid funds$70,123The complete starting cash picture.
Estimated remaining funds due at closing
$70,123No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$55,110.21
Your down payment$55,110.21
Closing costs + prepaids$15,012.70
Total buyer cash needed$70,122.91
Remaining funds due$70,122.91
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%)$6,200.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$2,824.45
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$53.00
Initial HOA (3 months)$360.00
Prepaid interest, first (1 days)$107.25
Fees + prepaids$15,012.70
Your down payment is the seller’s equity. You take over the $564,890 balance, so the rest of the $620,000 price is paid at closing. A second mortgage can cover part of it. $70,122.91 is due at closing. Uses and sources reconcile at $635,012.70 each. Not a Closing Disclosure.