Follow the dollars · Assumption only
A complete cash picture for Dec 8, 2026
Your down payment$384,758Cash toward the purchase price.
Closing costs + prepaids$15,544Not just lender fees.
Before credits & paid funds$400,302The complete starting cash picture.
Estimated remaining funds due at closing
$400,302No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$384,757.99
Your down payment$384,757.99
Closing costs + prepaids$15,544.04
Total buyer cash needed$400,302.03
Remaining funds due$400,302.03
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%)$1,501.21
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$939.50
Initial HOA (3 months)$7.50
Prepaid interest, first (24 days)$777.83
Fees + prepaids$15,544.04
Your down payment is the seller’s equity. You take over the $300,242 balance, so the rest of the $685,000 price is paid at closing. A second mortgage can cover part of it. $400,302.03 is due at closing. Uses and sources reconcile at $700,544.04 each. Not a Closing Disclosure.