Follow the dollars · Assumption only
A complete cash picture for Dec 5, 2026
Your down payment$98,930Cash toward the purchase price.
Closing costs + prepaids$19,720Not just lender fees.
Before credits & paid funds$118,651The complete starting cash picture.
Estimated remaining funds due at closing
$118,651No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$98,930.47
Your down payment$98,930.47
Closing costs + prepaids$19,720.44
Total buyer cash needed$118,650.91
Remaining funds due$118,650.91
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%)$7,210.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$3,110.35
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$50.50
Initial HOA (3 months)$297.00
Prepaid interest, first (27 days)$2,834.59
Fees + prepaids$19,720.44
Your down payment is the seller’s equity. You take over the $622,070 balance, so the rest of the $721,000 price is paid at closing. A second mortgage can cover part of it. $118,650.91 is due at closing. Uses and sources reconcile at $740,720.44 each. Not a Closing Disclosure.