Follow the dollars · Assumption only
A complete cash picture for Dec 1, 2026
Your down payment$110,260Cash toward the purchase price.
Closing costs + prepaids$17,980Not just lender fees.
Before credits & paid funds$128,240The complete starting cash picture.
Estimated remaining funds due at closing
$128,240No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$110,259.56
Your down payment$110,259.56
Closing costs + prepaids$17,980.30
Total buyer cash needed$128,239.86
Remaining funds due$128,239.86
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%)$2,548.70
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$512.00
Initial HOA (3 months)$312.00
Prepaid interest, first (31 days)$2,939.60
Fees + prepaids$17,980.30
Your down payment is the seller’s equity. You take over the $509,740 balance, so the rest of the $620,000 price is paid at closing. A second mortgage can cover part of it. $128,239.86 is due at closing. Uses and sources reconcile at $637,980.30 each. Not a Closing Disclosure.