Follow the dollars · Assumption only
A complete cash picture for Dec 9, 2026
Your down payment$347,043Cash toward the purchase price.
Closing costs + prepaids$17,128Not just lender fees.
Before credits & paid funds$364,171The complete starting cash picture.
Estimated remaining funds due at closing
$364,171No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$347,042.56
Your down payment$347,042.56
Closing costs + prepaids$17,128.08
Total buyer cash needed$364,170.63
Remaining funds due$364,170.63
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%)$1,864.79
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$1,061.25
Initial HOA (3 months)$126.00
Prepaid interest, first (23 days)$658.04
Fees + prepaids$17,128.08
Your down payment is the seller’s equity. You take over the $372,957 balance, so the rest of the $720,000 price is paid at closing. A second mortgage can cover part of it. $364,170.63 is due at closing. Uses and sources reconcile at $737,128.08 each. Not a Closing Disclosure.