Follow the dollars · Assumption only
A complete cash picture for Dec 1, 2026
Your down payment$414,998Cash toward the purchase price.
Closing costs + prepaids$16,115Not just lender fees.
Before credits & paid funds$431,113The complete starting cash picture.
Estimated remaining funds due at closing
$431,113No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$414,998.41
Your down payment$414,998.41
Closing costs + prepaids$16,114.77
Total buyer cash needed$431,113.17
Remaining funds due$431,113.17
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%)$6,750.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,300.01
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$1,687.50
Initial HOA (3 months)$249.00
Prepaid interest, first (31 days)$660.26
Fees + prepaids$16,114.77
Your down payment is the seller’s equity. You take over the $260,002 balance, so the rest of the $675,000 price is paid at closing. A second mortgage can cover part of it. $431,113.17 is due at closing. Uses and sources reconcile at $691,114.77 each. Not a Closing Disclosure.