Follow the dollars · Assumption only
A complete cash picture for Dec 8, 2026
Your down payment$43,113Cash toward the purchase price.
Closing costs + prepaids$20,279Not just lender fees.
Before credits & paid funds$63,391The complete starting cash picture.
Estimated remaining funds due at closing
$63,391No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$43,112.76
Your down payment$43,112.76
Closing costs + prepaids$20,278.54
Total buyer cash needed$63,391.30
Remaining funds due$63,391.30
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%)$7,050.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$3,309.44
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$160.75
Initial HOA (3 months)$681.00
Prepaid interest, first (24 days)$2,859.35
Fees + prepaids$20,278.54
Your down payment is the seller’s equity. You take over the $661,887 balance, so the rest of the $705,000 price is paid at closing. A second mortgage can cover part of it. $63,391.30 is due at closing. Uses and sources reconcile at $725,278.54 each. Not a Closing Disclosure.