Follow the dollars · Assumption only
A complete cash picture for Dec 6, 2026
Your down payment$214,291Cash toward the purchase price.
Closing costs + prepaids$18,501Not just lender fees.
Before credits & paid funds$232,792The complete starting cash picture.
Estimated remaining funds due at closing
$232,792No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$214,290.97
Your down payment$214,290.97
Closing costs + prepaids$18,500.76
Total buyer cash needed$232,791.73
Remaining funds due$232,791.73
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%)$7,000.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$2,428.55
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$1,750.00
Initial HOA (3 months)$882.00
Prepaid interest, first (26 days)$972.22
Fees + prepaids$18,500.76
Your down payment is the seller’s equity. You take over the $485,709 balance, so the rest of the $700,000 price is paid at closing. A second mortgage can cover part of it. $232,791.73 is due at closing. Uses and sources reconcile at $718,500.76 each. Not a Closing Disclosure.