Follow the dollars · Assumption only
A complete cash picture for Dec 2, 2026
Your down payment$11,938Cash toward the purchase price.
Closing costs + prepaids$18,623Not just lender fees.
Before credits & paid funds$30,560The complete starting cash picture.
Estimated remaining funds due at closing
$30,560No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$11,937.56
Your down payment$11,937.56
Closing costs + prepaids$18,622.60
Total buyer cash needed$30,560.16
Remaining funds due$30,560.16
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%)$6,999.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$3,439.81
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$1,013.50
Initial HOA (3 months)$62.49
Prepaid interest, first (30 days)$1,639.80
Fees + prepaids$18,622.60
Your down payment is the seller’s equity. You take over the $687,962 balance, so the rest of the $699,900 price is paid at closing. A second mortgage can cover part of it. $30,560.16 is due at closing. Uses and sources reconcile at $718,522.60 each. Not a Closing Disclosure.