Follow the dollars · Assumption only
A complete cash picture for Dec 6, 2026
Your down payment$312,222Cash toward the purchase price.
Closing costs + prepaids$16,808Not just lender fees.
Before credits & paid funds$329,030The complete starting cash picture.
Estimated remaining funds due at closing
$329,030No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$312,222.10
Your down payment$312,222.10
Closing costs + prepaids$16,807.90
Total buyer cash needed$329,030.00
Remaining funds due$329,030.00
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%)$1,863.89
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$1,687.25
Initial HOA (3 months)$174.00
Prepaid interest, first (26 days)$764.76
Fees + prepaids$16,807.90
Your down payment is the seller’s equity. You take over the $372,778 balance, so the rest of the $685,000 price is paid at closing. A second mortgage can cover part of it. $329,030.00 is due at closing. Uses and sources reconcile at $701,807.90 each. Not a Closing Disclosure.