Follow the dollars · Assumption only
A complete cash picture for Dec 7, 2026
Your down payment$352,500Cash toward the purchase price.
Closing costs + prepaids$18,063Not just lender fees.
Before credits & paid funds$370,563The complete starting cash picture.
Estimated remaining funds due at closing
$370,563No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$352,499.91
Your down payment$352,499.91
Closing costs + prepaids$18,063.36
Total buyer cash needed$370,563.27
Remaining funds due$370,563.27
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%)$6,790.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,632.50
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$1,697.50
Initial HOA (3 months)$1,800.00
Prepaid interest, first (25 days)$675.36
Fees + prepaids$18,063.36
Your down payment is the seller’s equity. You take over the $326,500 balance, so the rest of the $679,000 price is paid at closing. A second mortgage can cover part of it. $370,563.27 is due at closing. Uses and sources reconcile at $697,063.36 each. Not a Closing Disclosure.