Follow the dollars · Assumption only
A complete cash picture for Dec 14, 2026
Your down payment$277,929Cash toward the purchase price.
Closing costs + prepaids$17,690Not just lender fees.
Before credits & paid funds$295,619The complete starting cash picture.
Estimated remaining funds due at closing
$295,619No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$277,929.29
Your down payment$277,929.29
Closing costs + prepaids$17,689.68
Total buyer cash needed$295,618.97
Remaining funds due$295,618.97
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%)$6,800.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$2,010.35
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$2,196.50
Initial HOA (3 months)$618.00
Prepaid interest, first (18 days)$596.83
Fees + prepaids$17,689.68
Your down payment is the seller’s equity. You take over the $402,071 balance, so the rest of the $680,000 price is paid at closing. A second mortgage can cover part of it. $295,618.97 is due at closing. Uses and sources reconcile at $697,689.68 each. Not a Closing Disclosure.