Follow the dollars · Assumption only
A complete cash picture for Dec 5, 2026
Your down payment$28,125Cash toward the purchase price.
Closing costs + prepaids$20,073Not just lender fees.
Before credits & paid funds$48,198The complete starting cash picture.
Estimated remaining funds due at closing
$48,198No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$28,125.27
Your down payment$28,125.27
Closing costs + prepaids$20,072.73
Total buyer cash needed$48,198.00
Remaining funds due$48,198.00
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%)$3,354.37
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)$900.00
Prepaid interest, first (27 days)$1,612.86
Fees + prepaids$20,072.73
Your down payment is the seller’s equity. You take over the $670,875 balance, so the rest of the $699,000 price is paid at closing. A second mortgage can cover part of it. $48,198.00 is due at closing. Uses and sources reconcile at $719,072.73 each. Not a Closing Disclosure.