Follow the dollars · Assumption only
A complete cash picture for Dec 2, 2026
Your down payment$334,706Cash toward the purchase price.
Closing costs + prepaids$15,798Not just lender fees.
Before credits & paid funds$350,505The complete starting cash picture.
Estimated remaining funds due at closing
$350,505No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$334,706.50
Your down payment$334,706.50
Closing costs + prepaids$15,798.27
Total buyer cash needed$350,504.77
Remaining funds due$350,504.77
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%)$1,751.47
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$557.00
Prepaid interest, first (30 days)$1,171.80
Fees + prepaids$15,798.27
Your down payment is the seller’s equity. You take over the $350,294 balance, so the rest of the $685,000 price is paid at closing. A second mortgage can cover part of it. $350,504.77 is due at closing. Uses and sources reconcile at $700,798.27 each. Not a Closing Disclosure.