Follow the dollars · Assumption only
A complete cash picture for Dec 7, 2026
Your down payment$88,705Cash toward the purchase price.
Closing costs + prepaids$20,859Not just lender fees.
Before credits & paid funds$109,564The complete starting cash picture.
Estimated remaining funds due at closing
$109,564No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$88,705.30
Your down payment$88,705.30
Closing costs + prepaids$20,858.64
Total buyer cash needed$109,563.94
Remaining funds due$109,563.94
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%)$7,240.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$3,176.47
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$967.50
Initial HOA (3 months)$276.00
Prepaid interest, first (25 days)$2,980.66
Fees + prepaids$20,858.64
Your down payment is the seller’s equity. You take over the $635,295 balance, so the rest of the $724,000 price is paid at closing. A second mortgage can cover part of it. $109,563.94 is due at closing. Uses and sources reconcile at $744,858.64 each. Not a Closing Disclosure.