Follow the dollars · Assumption only
A complete cash picture for Dec 5, 2026
Your down payment$302,031Cash toward the purchase price.
Closing costs + prepaids$18,347Not just lender fees.
Before credits & paid funds$320,379The complete starting cash picture.
Estimated remaining funds due at closing
$320,379No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$302,031.22
Your down payment$302,031.22
Closing costs + prepaids$18,347.47
Total buyer cash needed$320,378.69
Remaining funds due$320,378.69
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%)$1,989.34
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$2,940.00
Initial HOA (3 months)$129.99
Prepaid interest, first (27 days)$821.14
Fees + prepaids$18,347.47
Your down payment is the seller’s equity. You take over the $397,869 balance, so the rest of the $699,900 price is paid at closing. A second mortgage can cover part of it. $320,378.69 is due at closing. Uses and sources reconcile at $718,247.47 each. Not a Closing Disclosure.