Follow the dollars · Assumption only
A complete cash picture for Dec 6, 2026
Your down payment$486,906Cash toward the purchase price.
Closing costs + prepaids$16,209Not just lender fees.
Before credits & paid funds$503,116The complete starting cash picture.
Estimated remaining funds due at closing
$503,116No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$486,906.43
Your down payment$486,906.43
Closing costs + prepaids$16,209.30
Total buyer cash needed$503,115.73
Remaining funds due$503,115.73
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%)$1,064.97
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$1,573.00
Initial HOA (3 months)$546.00
Prepaid interest, first (26 days)$558.33
Fees + prepaids$16,209.30
Your down payment is the seller’s equity. You take over the $212,994 balance, so the rest of the $699,900 price is paid at closing. A second mortgage can cover part of it. $503,115.73 is due at closing. Uses and sources reconcile at $716,109.30 each. Not a Closing Disclosure.