Follow the dollars · Assumption only
A complete cash picture for Dec 5, 2026
Your down payment$250,158Cash toward the purchase price.
Closing costs + prepaids$17,711Not just lender fees.
Before credits & paid funds$267,868The complete starting cash picture.
Estimated remaining funds due at closing
$267,868No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$250,157.55
Your down payment$250,157.55
Closing costs + prepaids$17,710.63
Total buyer cash needed$267,868.18
Remaining funds due$267,868.18
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%)$6,890.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$2,194.21
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)$501.00
Prepaid interest, first (27 days)$934.91
Fees + prepaids$17,710.63
Your down payment is the seller’s equity. You take over the $438,842 balance, so the rest of the $689,000 price is paid at closing. A second mortgage can cover part of it. $267,868.18 is due at closing. Uses and sources reconcile at $706,710.63 each. Not a Closing Disclosure.