Follow the dollars · Assumption only
A complete cash picture for Dec 5, 2026
Your down payment$614,507Cash toward the purchase price.
Closing costs + prepaids$13,583Not just lender fees.
Before credits & paid funds$628,091The complete starting cash picture.
Estimated remaining funds due at closing
$628,091No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$614,507.19
Your down payment$614,507.19
Closing costs + prepaids$13,583.35
Total buyer cash needed$628,090.55
Remaining funds due$628,090.55
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%)$372.46
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$568.00
Prepaid interest, first (27 days)$284.89
Fees + prepaids$13,583.35
Your down payment is the seller’s equity. You take over the $74,493 balance, so the rest of the $689,000 price is paid at closing. A second mortgage can cover part of it. $628,090.55 is due at closing. Uses and sources reconcile at $702,583.35 each. Not a Closing Disclosure.