Follow the dollars · Assumption only
A complete cash picture for Dec 3, 2026
Your down payment$414,254Cash toward the purchase price.
Closing costs + prepaids$16,788Not just lender fees.
Before credits & paid funds$431,042The complete starting cash picture.
Estimated remaining funds due at closing
$431,042No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$414,254.10
Your down payment$414,254.10
Closing costs + prepaids$16,788.07
Total buyer cash needed$431,042.16
Remaining funds due$431,042.16
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%)$6,850.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,353.73
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$2,373.50
Initial HOA (3 months)$97.50
Prepaid interest, first (29 days)$645.34
Fees + prepaids$16,788.07
Your down payment is the seller’s equity. You take over the $270,746 balance, so the rest of the $685,000 price is paid at closing. A second mortgage can cover part of it. $431,042.16 is due at closing. Uses and sources reconcile at $701,788.07 each. Not a Closing Disclosure.