Follow the dollars · Assumption only
A complete cash picture for Dec 2, 2026
Your down payment$304,595Cash toward the purchase price.
Closing costs + prepaids$15,790Not just lender fees.
Before credits & paid funds$320,384The complete starting cash picture.
Estimated remaining funds due at closing
$320,384No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$304,594.59
Your down payment$304,594.59
Closing costs + prepaids$15,789.64
Total buyer cash needed$320,384.23
Remaining funds due$320,384.23
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%)$6,749.50
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,851.78
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$658.00
Prepaid interest, first (30 days)$1,062.36
Fees + prepaids$15,789.64
Your down payment is the seller’s equity. You take over the $370,355 balance, so the rest of the $674,950 price is paid at closing. A second mortgage can cover part of it. $320,384.23 is due at closing. Uses and sources reconcile at $690,739.64 each. Not a Closing Disclosure.