Follow the dollars · Assumption only
A complete cash picture for Dec 6, 2026
Your down payment$62,620Cash toward the purchase price.
Closing costs + prepaids$18,754Not just lender fees.
Before credits & paid funds$81,375The complete starting cash picture.
Estimated remaining funds due at closing
$81,375No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$62,620.34
Your down payment$62,620.34
Closing costs + prepaids$18,754.49
Total buyer cash needed$81,374.84
Remaining funds due$81,374.84
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%)$3,186.90
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$1,073.50
Initial HOA (3 months)$210.00
Prepaid interest, first (26 days)$1,816.10
Fees + prepaids$18,754.49
Your down payment is the seller’s equity. You take over the $637,380 balance, so the rest of the $700,000 price is paid at closing. A second mortgage can cover part of it. $81,374.84 is due at closing. Uses and sources reconcile at $718,754.49 each. Not a Closing Disclosure.