Follow the dollars · Assumption only
A complete cash picture for Dec 1, 2026
Your down payment$122,893Cash toward the purchase price.
Closing costs + prepaids$17,717Not just lender fees.
Before credits & paid funds$140,609The complete starting cash picture.
Estimated remaining funds due at closing
$140,609No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$122,892.50
Your down payment$122,892.50
Closing costs + prepaids$17,716.63
Total buyer cash needed$140,609.13
Remaining funds due$140,609.13
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%)$2,885.54
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$887.75
Prepaid interest, first (31 days)$1,475.34
Fees + prepaids$17,716.63
Your down payment is the seller’s equity. You take over the $577,107 balance, so the rest of the $700,000 price is paid at closing. A second mortgage can cover part of it. $140,609.13 is due at closing. Uses and sources reconcile at $717,716.63 each. Not a Closing Disclosure.