Follow the dollars · Assumption only
A complete cash picture for Dec 9, 2026
Your down payment$492,106Cash toward the purchase price.
Closing costs + prepaids$14,574Not just lender fees.
Before credits & paid funds$506,679The complete starting cash picture.
Estimated remaining funds due at closing
$506,679No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$492,105.55
Your down payment$492,105.55
Closing costs + prepaids$14,573.63
Total buyer cash needed$506,679.18
Remaining funds due$506,679.18
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%)$989.47
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$728.75
Initial HOA (3 months)$38.49
Prepaid interest, first (23 days)$448.92
Fees + prepaids$14,573.63
Your down payment is the seller’s equity. You take over the $197,894 balance, so the rest of the $690,000 price is paid at closing. A second mortgage can cover part of it. $506,679.18 is due at closing. Uses and sources reconcile at $704,573.63 each. Not a Closing Disclosure.