Follow the dollars · Assumption only
A complete cash picture for Dec 3, 2026
Your down payment$88,626Cash toward the purchase price.
Closing costs + prepaids$20,889Not just lender fees.
Before credits & paid funds$109,515The complete starting cash picture.
Estimated remaining funds due at closing
$109,515No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$88,626.18
Your down payment$88,626.18
Closing costs + prepaids$20,888.84
Total buyer cash needed$109,515.02
Remaining funds due$109,515.02
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%)$3,056.87
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$1,750.00
Prepaid interest, first (29 days)$3,613.97
Fees + prepaids$20,888.84
Your down payment is the seller’s equity. You take over the $611,374 balance, so the rest of the $700,000 price is paid at closing. A second mortgage can cover part of it. $109,515.02 is due at closing. Uses and sources reconcile at $720,888.84 each. Not a Closing Disclosure.