Follow the dollars · Assumption only
A complete cash picture for Dec 8, 2026
Your down payment$256,041Cash toward the purchase price.
Closing costs + prepaids$19,002Not just lender fees.
Before credits & paid funds$275,042The complete starting cash picture.
Estimated remaining funds due at closing
$275,042No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$256,040.74
Your down payment$256,040.74
Closing costs + prepaids$19,001.72
Total buyer cash needed$275,042.47
Remaining funds due$275,042.47
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%)$6,750.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$2,094.80
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$1,687.50
Initial HOA (3 months)$2,040.00
Prepaid interest, first (24 days)$961.43
Fees + prepaids$19,001.72
Your down payment is the seller’s equity. You take over the $418,959 balance, so the rest of the $675,000 price is paid at closing. A second mortgage can cover part of it. $275,042.47 is due at closing. Uses and sources reconcile at $694,001.72 each. Not a Closing Disclosure.