Follow the dollars · Assumption only
A complete cash picture for Dec 10, 2026
Your down payment$394,091Cash toward the purchase price.
Closing costs + prepaids$16,264Not just lender fees.
Before credits & paid funds$410,355The complete starting cash picture.
Estimated remaining funds due at closing
$410,355No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$394,091.11
Your down payment$394,091.11
Closing costs + prepaids$16,264.24
Total buyer cash needed$410,355.35
Remaining funds due$410,355.35
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%)$6,989.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,524.04
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$1,585.00
Initial HOA (3 months)$9.24
Prepaid interest, first (22 days)$688.95
Fees + prepaids$16,264.24
Your down payment is the seller’s equity. You take over the $304,809 balance, so the rest of the $698,900 price is paid at closing. A second mortgage can cover part of it. $410,355.35 is due at closing. Uses and sources reconcile at $715,164.24 each. Not a Closing Disclosure.