Follow the dollars · Assumption only
A complete cash picture for Dec 10, 2026
Your down payment$385,467Cash toward the purchase price.
Closing costs + prepaids$16,471Not just lender fees.
Before credits & paid funds$401,938The complete starting cash picture.
Estimated remaining funds due at closing
$401,938No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$385,466.85
Your down payment$385,466.85
Closing costs + prepaids$16,471.42
Total buyer cash needed$401,938.26
Remaining funds due$401,938.26
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%)$6,990.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,567.67
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$875.75
Initial HOA (3 months)$867.00
Prepaid interest, first (22 days)$703.00
Fees + prepaids$16,471.42
Your down payment is the seller’s equity. You take over the $313,533 balance, so the rest of the $699,000 price is paid at closing. A second mortgage can cover part of it. $401,938.26 is due at closing. Uses and sources reconcile at $715,471.42 each. Not a Closing Disclosure.