Follow the dollars · Assumption only
A complete cash picture for Dec 4, 2026
Your down payment$305,064Cash toward the purchase price.
Closing costs + prepaids$18,603Not just lender fees.
Before credits & paid funds$323,668The complete starting cash picture.
Estimated remaining funds due at closing
$323,668No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$305,064.28
Your down payment$305,064.28
Closing costs + prepaids$18,603.49
Total buyer cash needed$323,667.77
Remaining funds due$323,667.77
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%)$6,890.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,919.68
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$1,722.50
Initial HOA (3 months)$1,275.00
Prepaid interest, first (28 days)$1,328.31
Fees + prepaids$18,603.49
Your down payment is the seller’s equity. You take over the $383,936 balance, so the rest of the $689,000 price is paid at closing. A second mortgage can cover part of it. $323,667.77 is due at closing. Uses and sources reconcile at $707,603.49 each. Not a Closing Disclosure.