Follow the dollars · Assumption only
A complete cash picture for Dec 7, 2026
Your down payment$280,551Cash toward the purchase price.
Closing costs + prepaids$19,473Not just lender fees.
Before credits & paid funds$300,024The complete starting cash picture.
Estimated remaining funds due at closing
$300,024No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$280,551.19
Your down payment$280,551.19
Closing costs + prepaids$19,472.83
Total buyer cash needed$300,024.02
Remaining funds due$300,024.02
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%)$1,972.24
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$2,070.50
Initial HOA (3 months)$2,280.00
Prepaid interest, first (25 days)$932.09
Fees + prepaids$19,472.83
Your down payment is the seller’s equity. You take over the $394,449 balance, so the rest of the $675,000 price is paid at closing. A second mortgage can cover part of it. $300,024.02 is due at closing. Uses and sources reconcile at $694,472.83 each. Not a Closing Disclosure.