Follow the dollars · Assumption only
A complete cash picture for Dec 5, 2026
Your down payment$253,697Cash toward the purchase price.
Closing costs + prepaids$17,717Not just lender fees.
Before credits & paid funds$271,414The complete starting cash picture.
Estimated remaining funds due at closing
$271,414No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$253,697.15
Your down payment$253,697.15
Closing costs + prepaids$17,717.33
Total buyer cash needed$271,414.48
Remaining funds due$271,414.48
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%)$7,200.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$2,331.51
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$748.00
Initial HOA (3 months)$185.01
Prepaid interest, first (27 days)$1,034.81
Fees + prepaids$17,717.33
Your down payment is the seller’s equity. You take over the $466,303 balance, so the rest of the $720,000 price is paid at closing. A second mortgage can cover part of it. $271,414.48 is due at closing. Uses and sources reconcile at $737,717.33 each. Not a Closing Disclosure.