Follow the dollars · Assumption only
A complete cash picture for Dec 2, 2026
Your down payment$362,638Cash toward the purchase price.
Closing costs + prepaids$16,011Not just lender fees.
Before credits & paid funds$378,648The complete starting cash picture.
Estimated remaining funds due at closing
$378,648No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$362,637.55
Your down payment$362,637.55
Closing costs + prepaids$16,010.86
Total buyer cash needed$378,648.41
Remaining funds due$378,648.41
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%)$6,890.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,631.81
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$1,027.75
Initial HOA (3 months)$62.49
Prepaid interest, first (30 days)$930.80
Fees + prepaids$16,010.86
Your down payment is the seller’s equity. You take over the $326,362 balance, so the rest of the $689,000 price is paid at closing. A second mortgage can cover part of it. $378,648.41 is due at closing. Uses and sources reconcile at $705,010.86 each. Not a Closing Disclosure.