Follow the dollars · Assumption only
A complete cash picture for Dec 3, 2026
Your down payment$672,788Cash toward the purchase price.
Closing costs + prepaids$15,716Not just lender fees.
Before credits & paid funds$688,504The complete starting cash picture.
Estimated remaining funds due at closing
$688,504No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$672,788.03
Your down payment$672,788.03
Closing costs + prepaids$15,716.31
Total buyer cash needed$688,504.35
Remaining funds due$688,504.35
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%)$131.06
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$1,747.50
Initial HOA (3 months)$1,275.00
Prepaid interest, first (29 days)$104.75
Fees + prepaids$15,716.31
Your down payment is the seller’s equity. You take over the $26,212 balance, so the rest of the $699,000 price is paid at closing. A second mortgage can cover part of it. $688,504.35 is due at closing. Uses and sources reconcile at $714,716.31 each. Not a Closing Disclosure.