Follow the dollars · Assumption only
A complete cash picture for Dec 9, 2026
Your down payment$485,798Cash toward the purchase price.
Closing costs + prepaids$16,434Not just lender fees.
Before credits & paid funds$502,231The complete starting cash picture.
Estimated remaining funds due at closing
$502,231No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$485,797.59
Your down payment$485,797.59
Closing costs + prepaids$16,433.54
Total buyer cash needed$502,231.13
Remaining funds due$502,231.13
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%)$946.01
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$1,524.50
Initial HOA (3 months)$1,379.01
Prepaid interest, first (23 days)$366.02
Fees + prepaids$16,433.54
Your down payment is the seller’s equity. You take over the $189,202 balance, so the rest of the $675,000 price is paid at closing. A second mortgage can cover part of it. $502,231.13 is due at closing. Uses and sources reconcile at $691,433.54 each. Not a Closing Disclosure.