Follow the dollars · Assumption only
A complete cash picture for Dec 1, 2026
Your down payment$425,959Cash toward the purchase price.
Closing costs + prepaids$16,451Not just lender fees.
Before credits & paid funds$442,410The complete starting cash picture.
Estimated remaining funds due at closing
$442,410No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$425,959.16
Your down payment$425,959.16
Closing costs + prepaids$16,450.52
Total buyer cash needed$442,409.68
Remaining funds due$442,409.68
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%)$1,370.20
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$1,356.75
Initial HOA (3 months)$420.00
Prepaid interest, first (31 days)$835.56
Fees + prepaids$16,450.52
Your down payment is the seller’s equity. You take over the $274,041 balance, so the rest of the $700,000 price is paid at closing. A second mortgage can cover part of it. $442,409.68 is due at closing. Uses and sources reconcile at $716,450.52 each. Not a Closing Disclosure.