Follow the dollars · Assumption only
A complete cash picture for Dec 2, 2026
Your down payment$20,595Cash toward the purchase price.
Closing costs + prepaids$21,111Not just lender fees.
Before credits & paid funds$41,706The complete starting cash picture.
Estimated remaining funds due at closing
$41,706No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$20,594.98
Your down payment$20,594.98
Closing costs + prepaids$21,111.04
Total buyer cash needed$41,706.02
Remaining funds due$41,706.02
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%)$7,000.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$3,397.03
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$1,744.75
Prepaid interest, first (30 days)$3,501.26
Fees + prepaids$21,111.04
Your down payment is the seller’s equity. You take over the $679,405 balance, so the rest of the $700,000 price is paid at closing. A second mortgage can cover part of it. $41,706.02 is due at closing. Uses and sources reconcile at $721,111.04 each. Not a Closing Disclosure.