Follow the dollars · Assumption only
A complete cash picture for Dec 1, 2026
Your down payment$212,481Cash toward the purchase price.
Closing costs + prepaids$20,426Not just lender fees.
Before credits & paid funds$232,907The complete starting cash picture.
Estimated remaining funds due at closing
$232,907No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$212,481.22
Your down payment$212,481.22
Closing costs + prepaids$20,425.86
Total buyer cash needed$232,907.09
Remaining funds due$232,907.09
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%)$6,950.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$2,412.59
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$1,737.50
Initial HOA (3 months)$1,194.00
Prepaid interest, first (31 days)$2,663.77
Fees + prepaids$20,425.86
Your down payment is the seller’s equity. You take over the $482,519 balance, so the rest of the $695,000 price is paid at closing. A second mortgage can cover part of it. $232,907.09 is due at closing. Uses and sources reconcile at $715,425.86 each. Not a Closing Disclosure.