Follow the dollars · Assumption only
A complete cash picture for Dec 6, 2026
Your down payment$423,456Cash toward the purchase price.
Closing costs + prepaids$15,972Not just lender fees.
Before credits & paid funds$439,428The complete starting cash picture.
Estimated remaining funds due at closing
$439,428No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$423,455.68
Your down payment$423,455.68
Closing costs + prepaids$15,972.29
Total buyer cash needed$439,427.97
Remaining funds due$439,427.97
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%)$6,850.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,307.72
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$1,544.00
Initial HOA (3 months)$31.26
Prepaid interest, first (26 days)$771.30
Fees + prepaids$15,972.29
Your down payment is the seller’s equity. You take over the $261,544 balance, so the rest of the $685,000 price is paid at closing. A second mortgage can cover part of it. $439,427.97 is due at closing. Uses and sources reconcile at $700,972.29 each. Not a Closing Disclosure.