Follow the dollars · Assumption only
A complete cash picture for Dec 8, 2026
Your down payment$601,094Cash toward the purchase price.
Closing costs + prepaids$14,802Not just lender fees.
Before credits & paid funds$615,896The complete starting cash picture.
Estimated remaining funds due at closing
$615,896No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$601,094.33
Your down payment$601,094.33
Closing costs + prepaids$14,801.96
Total buyer cash needed$615,896.29
Remaining funds due$615,896.29
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%)$6,999.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$494.03
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$1,319.75
Initial HOA (3 months)$375.00
Prepaid interest, first (24 days)$146.18
Fees + prepaids$14,801.96
Your down payment is the seller’s equity. You take over the $98,806 balance, so the rest of the $699,900 price is paid at closing. A second mortgage can cover part of it. $615,896.29 is due at closing. Uses and sources reconcile at $714,701.96 each. Not a Closing Disclosure.