Follow the dollars · Assumption only
A complete cash picture for Dec 5, 2026
Your down payment$280,368Cash toward the purchase price.
Closing costs + prepaids$17,061Not just lender fees.
Before credits & paid funds$297,429The complete starting cash picture.
Estimated remaining funds due at closing
$297,429No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$280,367.75
Your down payment$280,367.75
Closing costs + prepaids$17,060.97
Total buyer cash needed$297,428.72
Remaining funds due$297,428.72
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%)$6,949.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$2,072.66
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$1,737.25
Prepaid interest, first (27 days)$834.06
Fees + prepaids$17,060.97
Your down payment is the seller’s equity. You take over the $414,532 balance, so the rest of the $694,900 price is paid at closing. A second mortgage can cover part of it. $297,428.72 is due at closing. Uses and sources reconcile at $711,960.97 each. Not a Closing Disclosure.