Follow the dollars · Assumption only
A complete cash picture for Nov 30, 2026
Your down payment$311,009Cash toward the purchase price.
Closing costs + prepaids$15,066Not just lender fees.
Before credits & paid funds$326,075The complete starting cash picture.
Estimated remaining funds due at closing
$326,075No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$311,008.91
Your down payment$311,008.91
Closing costs + prepaids$15,066.31
Total buyer cash needed$326,075.22
Remaining funds due$326,075.22
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%)$1,869.96
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$465.00
Initial HOA (3 months)$378.00
Prepaid interest, first (1 days)$35.35
Fees + prepaids$15,066.31
Your down payment is the seller’s equity. You take over the $373,991 balance, so the rest of the $685,000 price is paid at closing. A second mortgage can cover part of it. $326,075.22 is due at closing. Uses and sources reconcile at $700,066.31 each. Not a Closing Disclosure.