Follow the dollars · Assumption only
A complete cash picture for Dec 14, 2026
Your down payment$28,746Cash toward the purchase price.
Closing costs + prepaids$19,115Not just lender fees.
Before credits & paid funds$47,861The complete starting cash picture.
Estimated remaining funds due at closing
$47,861No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$28,746.03
Your down payment$28,746.03
Closing costs + prepaids$19,114.65
Total buyer cash needed$47,860.68
Remaining funds due$47,860.68
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%)$3,301.27
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$1,050.00
Initial HOA (3 months)$315.00
Prepaid interest, first (18 days)$2,090.38
Fees + prepaids$19,114.65
Your down payment is the seller’s equity. You take over the $660,254 balance, so the rest of the $689,000 price is paid at closing. A second mortgage can cover part of it. $47,860.68 is due at closing. Uses and sources reconcile at $708,114.65 each. Not a Closing Disclosure.