Follow the dollars · Assumption only
A complete cash picture for Dec 2, 2026
Your down payment$260,945Cash toward the purchase price.
Closing costs + prepaids$19,200Not just lender fees.
Before credits & paid funds$280,146The complete starting cash picture.
Estimated remaining funds due at closing
$280,146No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$260,945.40
Your down payment$260,945.40
Closing costs + prepaids$19,200.32
Total buyer cash needed$280,145.72
Remaining funds due$280,145.72
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%)$2,190.27
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$1,747.50
Initial HOA (3 months)$1,638.00
Prepaid interest, first (30 days)$1,166.55
Fees + prepaids$19,200.32
Your down payment is the seller’s equity. You take over the $438,055 balance, so the rest of the $699,000 price is paid at closing. A second mortgage can cover part of it. $280,145.72 is due at closing. Uses and sources reconcile at $718,200.32 each. Not a Closing Disclosure.