Follow the dollars · Assumption only
A complete cash picture for Dec 1, 2026
Your down payment$289,817Cash toward the purchase price.
Closing costs + prepaids$17,377Not just lender fees.
Before credits & paid funds$307,194The complete starting cash picture.
Estimated remaining funds due at closing
$307,194No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$289,817.50
Your down payment$289,817.50
Closing costs + prepaids$17,376.93
Total buyer cash needed$307,194.43
Remaining funds due$307,194.43
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%)$2,050.91
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$1,375.00
Initial HOA (3 months)$201.00
Prepaid interest, first (31 days)$1,282.02
Fees + prepaids$17,376.93
Your down payment is the seller’s equity. You take over the $410,183 balance, so the rest of the $700,000 price is paid at closing. A second mortgage can cover part of it. $307,194.43 is due at closing. Uses and sources reconcile at $717,376.93 each. Not a Closing Disclosure.