Follow the dollars · Assumption only
A complete cash picture for Dec 1, 2026
Your down payment$298,332Cash toward the purchase price.
Closing costs + prepaids$17,275Not just lender fees.
Before credits & paid funds$315,607The complete starting cash picture.
Estimated remaining funds due at closing
$315,607No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$298,331.61
Your down payment$298,331.61
Closing costs + prepaids$17,274.93
Total buyer cash needed$315,606.53
Remaining funds due$315,606.53
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%)$1,953.34
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$1,722.50
Initial HOA (3 months)$249.00
Prepaid interest, first (31 days)$992.08
Fees + prepaids$17,274.93
Your down payment is the seller’s equity. You take over the $390,668 balance, so the rest of the $689,000 price is paid at closing. A second mortgage can cover part of it. $315,606.53 is due at closing. Uses and sources reconcile at $706,274.93 each. Not a Closing Disclosure.