Follow the dollars · Assumption only
A complete cash picture for Dec 20, 2026
Your down payment$490,280Cash toward the purchase price.
Closing costs + prepaids$14,568Not just lender fees.
Before credits & paid funds$504,847The complete starting cash picture.
Estimated remaining funds due at closing
$504,847No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$490,279.87
Your down payment$490,279.87
Closing costs + prepaids$14,567.56
Total buyer cash needed$504,847.43
Remaining funds due$504,847.43
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%)$6,970.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,033.60
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$836.50
Initial HOA (3 months)$24.99
Prepaid interest, first (12 days)$234.47
Fees + prepaids$14,567.56
Your down payment is the seller’s equity. You take over the $206,720 balance, so the rest of the $697,000 price is paid at closing. A second mortgage can cover part of it. $504,847.43 is due at closing. Uses and sources reconcile at $711,567.56 each. Not a Closing Disclosure.