Follow the dollars · Assumption only
A complete cash picture for Dec 5, 2026
Your down payment$281,534Cash toward the purchase price.
Closing costs + prepaids$18,942Not just lender fees.
Before credits & paid funds$300,476The complete starting cash picture.
Estimated remaining funds due at closing
$300,476No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$281,533.68
Your down payment$281,533.68
Closing costs + prepaids$18,942.24
Total buyer cash needed$300,475.92
Remaining funds due$300,475.92
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%)$6,990.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$2,087.33
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$1,747.50
Initial HOA (3 months)$1,794.00
Prepaid interest, first (27 days)$855.41
Fees + prepaids$18,942.24
Your down payment is the seller’s equity. You take over the $417,466 balance, so the rest of the $699,000 price is paid at closing. A second mortgage can cover part of it. $300,475.92 is due at closing. Uses and sources reconcile at $717,942.24 each. Not a Closing Disclosure.