Follow the dollars · Assumption only
A complete cash picture for Dec 5, 2026
Your down payment$30,674Cash toward the purchase price.
Closing costs + prepaids$20,369Not just lender fees.
Before credits & paid funds$51,044The complete starting cash picture.
Estimated remaining funds due at closing
$51,044No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$30,674.29
Your down payment$30,674.29
Closing costs + prepaids$20,369.47
Total buyer cash needed$51,043.75
Remaining funds due$51,043.75
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%)$3,341.63
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)$390.00
Prepaid interest, first (27 days)$2,432.34
Fees + prepaids$20,369.47
Your down payment is the seller’s equity. You take over the $668,326 balance, so the rest of the $699,000 price is paid at closing. A second mortgage can cover part of it. $51,043.75 is due at closing. Uses and sources reconcile at $719,369.47 each. Not a Closing Disclosure.