Follow the dollars · Assumption only
A complete cash picture for Dec 1, 2026
Your down payment$395,193Cash toward the purchase price.
Closing costs + prepaids$15,458Not just lender fees.
Before credits & paid funds$410,652The complete starting cash picture.
Estimated remaining funds due at closing
$410,652No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$395,193.21
Your down payment$395,193.21
Closing costs + prepaids$15,458.47
Total buyer cash needed$410,651.68
Remaining funds due$410,651.68
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%)$1,524.03
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$680.25
Initial HOA (3 months)$22.50
Prepaid interest, first (31 days)$763.69
Fees + prepaids$15,458.47
Your down payment is the seller’s equity. You take over the $304,807 balance, so the rest of the $700,000 price is paid at closing. A second mortgage can cover part of it. $410,651.68 is due at closing. Uses and sources reconcile at $715,458.47 each. Not a Closing Disclosure.