Follow the dollars · Assumption only
A complete cash picture for Dec 8, 2026
Your down payment$114,252Cash toward the purchase price.
Closing costs + prepaids$18,881Not just lender fees.
Before credits & paid funds$133,133The complete starting cash picture.
Estimated remaining funds due at closing
$133,133No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$114,252.49
Your down payment$114,252.49
Closing costs + prepaids$18,880.64
Total buyer cash needed$133,133.12
Remaining funds due$133,133.12
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%)$6,950.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$2,903.74
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$1,737.50
Initial HOA (3 months)$714.00
Prepaid interest, first (24 days)$1,107.40
Fees + prepaids$18,880.64
Your down payment is the seller’s equity. You take over the $580,748 balance, so the rest of the $695,000 price is paid at closing. A second mortgage can cover part of it. $133,133.12 is due at closing. Uses and sources reconcile at $713,880.64 each. Not a Closing Disclosure.