Follow the dollars · Assumption only
A complete cash picture for Dec 7, 2026
Your down payment$4,742Cash toward the purchase price.
Closing costs + prepaids$21,776Not just lender fees.
Before credits & paid funds$26,517The complete starting cash picture.
Estimated remaining funds due at closing
$26,517No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$4,741.67
Your down payment$4,741.67
Closing costs + prepaids$21,775.81
Total buyer cash needed$26,517.48
Remaining funds due$26,517.48
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%)$6,999.90
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$3,476.24
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$1,750.00
Initial HOA (3 months)$834.00
Prepaid interest, first (25 days)$3,247.67
Fees + prepaids$21,775.81
Your down payment is the seller’s equity. You take over the $695,248 balance, so the rest of the $699,990 price is paid at closing. A second mortgage can cover part of it. $26,517.48 is due at closing. Uses and sources reconcile at $721,765.81 each. Not a Closing Disclosure.