Follow the dollars · Assumption only
A complete cash picture for Dec 5, 2026
Your down payment$106,555Cash toward the purchase price.
Closing costs + prepaids$19,215Not just lender fees.
Before credits & paid funds$125,770The complete starting cash picture.
Estimated remaining funds due at closing
$125,770No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$106,555.38
Your down payment$106,555.38
Closing costs + prepaids$19,214.61
Total buyer cash needed$125,769.98
Remaining funds due$125,769.98
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%)$6,950.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$2,942.22
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$707.25
Initial HOA (3 months)$222.00
Prepaid interest, first (27 days)$2,925.13
Fees + prepaids$19,214.61
Your down payment is the seller’s equity. You take over the $588,445 balance, so the rest of the $695,000 price is paid at closing. A second mortgage can cover part of it. $125,769.98 is due at closing. Uses and sources reconcile at $714,214.61 each. Not a Closing Disclosure.