Follow the dollars · Assumption only
A complete cash picture for Dec 7, 2026
Your down payment$295,081Cash toward the purchase price.
Closing costs + prepaids$16,590Not just lender fees.
Before credits & paid funds$311,671The complete starting cash picture.
Estimated remaining funds due at closing
$311,671No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$295,081.08
Your down payment$295,081.08
Closing costs + prepaids$16,590.00
Total buyer cash needed$311,671.08
Remaining funds due$311,671.08
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%)$1,999.59
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$1,367.25
Initial HOA (3 months)$21.75
Prepaid interest, first (25 days)$783.40
Fees + prepaids$16,590.00
Your down payment is the seller’s equity. You take over the $399,919 balance, so the rest of the $695,000 price is paid at closing. A second mortgage can cover part of it. $311,671.08 is due at closing. Uses and sources reconcile at $711,590.00 each. Not a Closing Disclosure.