Follow the dollars · Assumption only
A complete cash picture for Dec 7, 2026
Your down payment$234,429Cash toward the purchase price.
Closing costs + prepaids$16,411Not just lender fees.
Before credits & paid funds$250,839The complete starting cash picture.
Estimated remaining funds due at closing
$250,839No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$234,428.65
Your down payment$234,428.65
Closing costs + prepaids$16,410.63
Total buyer cash needed$250,839.28
Remaining funds due$250,839.28
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%)$6,949.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$2,302.36
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$523.25
Initial HOA (3 months)$225.00
Prepaid interest, first (25 days)$943.02
Fees + prepaids$16,410.63
Your down payment is the seller’s equity. You take over the $460,471 balance, so the rest of the $694,900 price is paid at closing. A second mortgage can cover part of it. $250,839.28 is due at closing. Uses and sources reconcile at $711,310.63 each. Not a Closing Disclosure.