Follow the dollars · Assumption only
A complete cash picture for Dec 23, 2026
Your down payment$198,538Cash toward the purchase price.
Closing costs + prepaids$16,039Not just lender fees.
Before credits & paid funds$214,577The complete starting cash picture.
Estimated remaining funds due at closing
$214,577No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$198,538.37
Your down payment$198,538.37
Closing costs + prepaids$16,039.05
Total buyer cash needed$214,577.42
Remaining funds due$214,577.42
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%)$6,790.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$2,402.31
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$814.75
Initial HOA (3 months)$291.51
Prepaid interest, first (9 days)$272.48
Fees + prepaids$16,039.05
Your down payment is the seller’s equity. You take over the $480,462 balance, so the rest of the $679,000 price is paid at closing. A second mortgage can cover part of it. $214,577.42 is due at closing. Uses and sources reconcile at $695,039.05 each. Not a Closing Disclosure.