Follow the dollars · Assumption only
A complete cash picture for Dec 2, 2026
Your down payment$298,480Cash toward the purchase price.
Closing costs + prepaids$17,381Not just lender fees.
Before credits & paid funds$315,861The complete starting cash picture.
Estimated remaining funds due at closing
$315,861No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$298,479.88
Your down payment$298,479.88
Closing costs + prepaids$17,381.49
Total buyer cash needed$315,861.37
Remaining funds due$315,861.37
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%)$6,899.99
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,957.60
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$1,725.00
Initial HOA (3 months)$417.00
Prepaid interest, first (30 days)$913.90
Fees + prepaids$17,381.49
Your down payment is the seller’s equity. You take over the $391,519 balance, so the rest of the $689,999 price is paid at closing. A second mortgage can cover part of it. $315,861.37 is due at closing. Uses and sources reconcile at $707,380.49 each. Not a Closing Disclosure.