Follow the dollars · Assumption only
A complete cash picture for Dec 2, 2026
Your down payment$397,341Cash toward the purchase price.
Closing costs + prepaids$15,794Not just lender fees.
Before credits & paid funds$413,135The complete starting cash picture.
Estimated remaining funds due at closing
$413,135No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$397,341.24
Your down payment$397,341.24
Closing costs + prepaids$15,794.02
Total buyer cash needed$413,135.26
Remaining funds due$413,135.26
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%)$1,508.29
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$1,133.50
Prepaid interest, first (30 days)$694.23
Fees + prepaids$15,794.02
Your down payment is the seller’s equity. You take over the $301,659 balance, so the rest of the $699,000 price is paid at closing. A second mortgage can cover part of it. $413,135.26 is due at closing. Uses and sources reconcile at $714,794.02 each. Not a Closing Disclosure.