Follow the dollars · Assumption only
A complete cash picture for Dec 7, 2026
Your down payment$358,623Cash toward the purchase price.
Closing costs + prepaids$16,329Not just lender fees.
Before credits & paid funds$374,952The complete starting cash picture.
Estimated remaining funds due at closing
$374,952No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$358,622.83
Your down payment$358,622.83
Closing costs + prepaids$16,329.17
Total buyer cash needed$374,951.99
Remaining funds due$374,951.99
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%)$6,900.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,656.89
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$767.00
Initial HOA (3 months)$7.50
Prepaid interest, first (25 days)$1,529.78
Fees + prepaids$16,329.17
Your down payment is the seller’s equity. You take over the $331,377 balance, so the rest of the $690,000 price is paid at closing. A second mortgage can cover part of it. $374,951.99 is due at closing. Uses and sources reconcile at $706,329.17 each. Not a Closing Disclosure.