Follow the dollars · Assumption only
A complete cash picture for Dec 2, 2026
Your down payment$400,017Cash toward the purchase price.
Closing costs + prepaids$15,211Not just lender fees.
Before credits & paid funds$415,228The complete starting cash picture.
Estimated remaining funds due at closing
$415,228No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$400,017.27
Your down payment$400,017.27
Closing costs + prepaids$15,210.64
Total buyer cash needed$415,227.91
Remaining funds due$415,227.91
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%)$1,494.91
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$535.25
Prepaid interest, first (30 days)$722.47
Fees + prepaids$15,210.64
Your down payment is the seller’s equity. You take over the $298,983 balance, so the rest of the $699,000 price is paid at closing. A second mortgage can cover part of it. $415,227.91 is due at closing. Uses and sources reconcile at $714,210.64 each. Not a Closing Disclosure.