Follow the dollars · Assumption only
A complete cash picture for Dec 2, 2026
Your down payment$353,581Cash toward the purchase price.
Closing costs + prepaids$17,216Not just lender fees.
Before credits & paid funds$370,797The complete starting cash picture.
Estimated remaining funds due at closing
$370,797No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$353,581.34
Your down payment$353,581.34
Closing costs + prepaids$17,215.97
Total buyer cash needed$370,797.32
Remaining funds due$370,797.32
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%)$1,732.09
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$2,156.00
Prepaid interest, first (30 days)$859.88
Fees + prepaids$17,215.97
Your down payment is the seller’s equity. You take over the $346,419 balance, so the rest of the $700,000 price is paid at closing. A second mortgage can cover part of it. $370,797.32 is due at closing. Uses and sources reconcile at $717,215.97 each. Not a Closing Disclosure.