Follow the dollars · Assumption only
A complete cash picture for Dec 1, 2026
Your down payment$465,380Cash toward the purchase price.
Closing costs + prepaids$14,698Not just lender fees.
Before credits & paid funds$480,078The complete starting cash picture.
Estimated remaining funds due at closing
$480,078No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$465,380.22
Your down payment$465,380.22
Closing costs + prepaids$14,698.12
Total buyer cash needed$480,078.35
Remaining funds due$480,078.35
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%)$6,870.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,108.10
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$629.00
Prepaid interest, first (31 days)$623.02
Fees + prepaids$14,698.12
Your down payment is the seller’s equity. You take over the $221,620 balance, so the rest of the $687,000 price is paid at closing. A second mortgage can cover part of it. $480,078.35 is due at closing. Uses and sources reconcile at $701,698.12 each. Not a Closing Disclosure.