Follow the dollars · Assumption only
A complete cash picture for Dec 1, 2026
Your down payment$289,360Cash toward the purchase price.
Closing costs + prepaids$15,964Not just lender fees.
Before credits & paid funds$305,324The complete starting cash picture.
Estimated remaining funds due at closing
$305,324No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$289,359.76
Your down payment$289,359.76
Closing costs + prepaids$15,963.84
Total buyer cash needed$305,323.59
Remaining funds due$305,323.59
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%)$2,048.20
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Initial HOA (3 months)$480.00
Prepaid interest, first (31 days)$977.64
Fees + prepaids$15,963.84
Your down payment is the seller’s equity. You take over the $409,640 balance, so the rest of the $699,000 price is paid at closing. A second mortgage can cover part of it. $305,323.59 is due at closing. Uses and sources reconcile at $714,963.84 each. Not a Closing Disclosure.