Follow the dollars · Assumption only
A complete cash picture for Dec 10, 2026
Your down payment$262,022Cash toward the purchase price.
Closing costs + prepaids$16,831Not just lender fees.
Before credits & paid funds$278,853The complete starting cash picture.
Estimated remaining funds due at closing
$278,853No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$262,022.18
Your down payment$262,022.18
Closing costs + prepaids$16,831.10
Total buyer cash needed$278,853.27
Remaining funds due$278,853.27
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%)$6,900.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$2,139.89
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$1,444.00
Initial HOA (3 months)$95.01
Prepaid interest, first (22 days)$784.20
Fees + prepaids$16,831.10
Your down payment is the seller’s equity. You take over the $427,978 balance, so the rest of the $690,000 price is paid at closing. A second mortgage can cover part of it. $278,853.27 is due at closing. Uses and sources reconcile at $706,831.10 each. Not a Closing Disclosure.