Follow the dollars · Assumption only
A complete cash picture for Dec 1, 2026
Your down payment$218,629Cash toward the purchase price.
Closing costs + prepaids$20,152Not just lender fees.
Before credits & paid funds$238,781The complete starting cash picture.
Estimated remaining funds due at closing
$238,781No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$218,629.38
Your down payment$218,629.38
Closing costs + prepaids$20,151.51
Total buyer cash needed$238,780.89
Remaining funds due$238,780.89
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%)$2,351.85
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$2,613.25
Prepaid interest, first (31 days)$2,828.41
Fees + prepaids$20,151.51
Your down payment is the seller’s equity. You take over the $470,371 balance, so the rest of the $689,000 price is paid at closing. A second mortgage can cover part of it. $238,780.89 is due at closing. Uses and sources reconcile at $709,151.51 each. Not a Closing Disclosure.