Follow the dollars · Assumption only
A complete cash picture for Dec 5, 2026
Your down payment$272,787Cash toward the purchase price.
Closing costs + prepaids$17,053Not just lender fees.
Before credits & paid funds$289,839The complete starting cash picture.
Estimated remaining funds due at closing
$289,839No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$272,786.53
Your down payment$272,786.53
Closing costs + prepaids$17,052.55
Total buyer cash needed$289,839.08
Remaining funds due$289,839.08
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%)$2,110.57
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$1,569.50
Prepaid interest, first (27 days)$955.48
Fees + prepaids$17,052.55
Your down payment is the seller’s equity. You take over the $422,113 balance, so the rest of the $694,900 price is paid at closing. A second mortgage can cover part of it. $289,839.08 is due at closing. Uses and sources reconcile at $711,952.55 each. Not a Closing Disclosure.