Follow the dollars · Assumption only
A complete cash picture for Dec 7, 2026
Your down payment$412,619Cash toward the purchase price.
Closing costs + prepaids$15,736Not just lender fees.
Before credits & paid funds$428,355The complete starting cash picture.
Estimated remaining funds due at closing
$428,355No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$412,618.96
Your down payment$412,618.96
Closing costs + prepaids$15,735.90
Total buyer cash needed$428,354.86
Remaining funds due$428,354.86
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%)$6,950.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,411.91
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$668.75
Initial HOA (3 months)$18.75
Prepaid interest, first (25 days)$1,218.49
Fees + prepaids$15,735.90
Your down payment is the seller’s equity. You take over the $282,381 balance, so the rest of the $695,000 price is paid at closing. A second mortgage can cover part of it. $428,354.86 is due at closing. Uses and sources reconcile at $710,735.90 each. Not a Closing Disclosure.