Follow the dollars · Assumption only
A complete cash picture for Dec 4, 2026
Your down payment$307,133Cash toward the purchase price.
Closing costs + prepaids$16,611Not just lender fees.
Before credits & paid funds$323,744The complete starting cash picture.
Estimated remaining funds due at closing
$323,744No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$307,133.50
Your down payment$307,133.50
Closing costs + prepaids$16,610.91
Total buyer cash needed$323,744.41
Remaining funds due$323,744.41
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%)$6,800.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,864.33
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$1,700.00
Initial HOA (3 months)$135.00
Prepaid interest, first (28 days)$643.58
Fees + prepaids$16,610.91
Your down payment is the seller’s equity. You take over the $372,867 balance, so the rest of the $680,000 price is paid at closing. A second mortgage can cover part of it. $323,744.41 is due at closing. Uses and sources reconcile at $696,610.91 each. Not a Closing Disclosure.