Follow the dollars · Assumption only
A complete cash picture for Dec 4, 2026
Your down payment$242,531Cash toward the purchase price.
Closing costs + prepaids$17,910Not just lender fees.
Before credits & paid funds$260,441The complete starting cash picture.
Estimated remaining funds due at closing
$260,441No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$242,531.30
Your down payment$242,531.30
Closing costs + prepaids$17,910.11
Total buyer cash needed$260,441.41
Remaining funds due$260,441.41
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%)$2,287.34
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)$366.00
Prepaid interest, first (28 days)$1,038.77
Fees + prepaids$17,910.11
Your down payment is the seller’s equity. You take over the $457,469 balance, so the rest of the $700,000 price is paid at closing. A second mortgage can cover part of it. $260,441.41 is due at closing. Uses and sources reconcile at $717,910.11 each. Not a Closing Disclosure.