Follow the dollars · Assumption only
A complete cash picture for Dec 1, 2026
Your down payment$400,283Cash toward the purchase price.
Closing costs + prepaids$15,215Not just lender fees.
Before credits & paid funds$415,498The complete starting cash picture.
Estimated remaining funds due at closing
$415,498No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$400,283.04
Your down payment$400,283.04
Closing costs + prepaids$15,214.58
Total buyer cash needed$415,497.62
Remaining funds due$415,497.62
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%)$6,990.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,493.58
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$527.25
Prepaid interest, first (31 days)$735.74
Fees + prepaids$15,214.58
Your down payment is the seller’s equity. You take over the $298,717 balance, so the rest of the $699,000 price is paid at closing. A second mortgage can cover part of it. $415,497.62 is due at closing. Uses and sources reconcile at $714,214.58 each. Not a Closing Disclosure.