Follow the dollars · Assumption only
A complete cash picture for Dec 4, 2026
Your down payment$245,192Cash toward the purchase price.
Closing costs + prepaids$17,329Not just lender fees.
Before credits & paid funds$262,521The complete starting cash picture.
Estimated remaining funds due at closing
$262,521No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$245,192.01
Your down payment$245,192.01
Closing costs + prepaids$17,329.42
Total buyer cash needed$262,521.43
Remaining funds due$262,521.43
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%)$2,199.04
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$1,712.50
Prepaid interest, first (28 days)$1,099.88
Fees + prepaids$17,329.42
Your down payment is the seller’s equity. You take over the $439,808 balance, so the rest of the $685,000 price is paid at closing. A second mortgage can cover part of it. $262,521.43 is due at closing. Uses and sources reconcile at $702,329.42 each. Not a Closing Disclosure.