Follow the dollars · Assumption only
A complete cash picture for Dec 7, 2026
Your down payment$104,278Cash toward the purchase price.
Closing costs + prepaids$18,765Not just lender fees.
Before credits & paid funds$123,043The complete starting cash picture.
Estimated remaining funds due at closing
$123,043No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$104,277.77
Your down payment$104,277.77
Closing costs + prepaids$18,765.37
Total buyer cash needed$123,043.13
Remaining funds due$123,043.13
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%)$6,999.99
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$2,978.61
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$243.25
Initial HOA (3 months)$305.01
Prepaid interest, first (25 days)$2,770.51
Fees + prepaids$18,765.37
Your down payment is the seller’s equity. You take over the $595,721 balance, so the rest of the $699,999 price is paid at closing. A second mortgage can cover part of it. $123,043.13 is due at closing. Uses and sources reconcile at $718,764.37 each. Not a Closing Disclosure.