Follow the dollars · Assumption only
A complete cash picture for Dec 5, 2026
Your down payment$270,124Cash toward the purchase price.
Closing costs + prepaids$16,113Not just lender fees.
Before credits & paid funds$286,237The complete starting cash picture.
Estimated remaining funds due at closing
$286,237No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$270,123.67
Your down payment$270,123.67
Closing costs + prepaids$16,112.88
Total buyer cash needed$286,236.55
Remaining funds due$286,236.55
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%)$6,858.80
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$2,078.78
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$523.25
Prepaid interest, first (27 days)$1,184.05
Fees + prepaids$16,112.88
Your down payment is the seller’s equity. You take over the $415,756 balance, so the rest of the $685,880 price is paid at closing. A second mortgage can cover part of it. $286,236.55 is due at closing. Uses and sources reconcile at $701,992.88 each. Not a Closing Disclosure.