Follow the dollars · Assumption only
A complete cash picture for Dec 9, 2026
Your down payment$326,398Cash toward the purchase price.
Closing costs + prepaids$16,375Not just lender fees.
Before credits & paid funds$342,772The complete starting cash picture.
Estimated remaining funds due at closing
$342,772No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$326,397.65
Your down payment$326,397.65
Closing costs + prepaids$16,374.67
Total buyer cash needed$342,772.31
Remaining funds due$342,772.31
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%)$6,850.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,793.01
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$750.25
Initial HOA (3 months)$891.99
Prepaid interest, first (23 days)$621.41
Fees + prepaids$16,374.67
Your down payment is the seller’s equity. You take over the $358,602 balance, so the rest of the $685,000 price is paid at closing. A second mortgage can cover part of it. $342,772.31 is due at closing. Uses and sources reconcile at $701,374.67 each. Not a Closing Disclosure.