Follow the dollars · Assumption only
A complete cash picture for Dec 5, 2026
Your down payment$400,730Cash toward the purchase price.
Closing costs + prepaids$16,346Not just lender fees.
Before credits & paid funds$417,075The complete starting cash picture.
Estimated remaining funds due at closing
$417,075No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$400,729.68
Your down payment$400,729.68
Closing costs + prepaids$16,345.64
Total buyer cash needed$417,075.32
Remaining funds due$417,075.32
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%)$6,899.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,445.85
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$1,375.00
Initial HOA (3 months)$315.00
Prepaid interest, first (27 days)$842.79
Fees + prepaids$16,345.64
Your down payment is the seller’s equity. You take over the $289,170 balance, so the rest of the $689,900 price is paid at closing. A second mortgage can cover part of it. $417,075.32 is due at closing. Uses and sources reconcile at $706,245.64 each. Not a Closing Disclosure.