Follow the dollars · Assumption only
A complete cash picture for Dec 7, 2026
Your down payment$68,462Cash toward the purchase price.
Closing costs + prepaids$20,636Not just lender fees.
Before credits & paid funds$89,098The complete starting cash picture.
Estimated remaining funds due at closing
$89,098No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$68,461.85
Your down payment$68,461.85
Closing costs + prepaids$20,636.39
Total buyer cash needed$89,098.24
Remaining funds due$89,098.24
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%)$3,157.69
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$1,871.50
Initial HOA (3 months)$267.00
Prepaid interest, first (25 days)$2,872.20
Fees + prepaids$20,636.39
Your down payment is the seller’s equity. You take over the $631,538 balance, so the rest of the $700,000 price is paid at closing. A second mortgage can cover part of it. $89,098.24 is due at closing. Uses and sources reconcile at $720,636.39 each. Not a Closing Disclosure.