Follow the dollars · Assumption only
A complete cash picture for Dec 5, 2026
Your down payment$221,740Cash toward the purchase price.
Closing costs + prepaids$18,935Not just lender fees.
Before credits & paid funds$240,675The complete starting cash picture.
Estimated remaining funds due at closing
$240,675No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$221,739.58
Your down payment$221,739.58
Closing costs + prepaids$18,934.95
Total buyer cash needed$240,674.53
Remaining funds due$240,674.53
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%)$6,999.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$2,390.80
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$1,749.75
Prepaid interest, first (27 days)$2,327.40
Fees + prepaids$18,934.95
Your down payment is the seller’s equity. You take over the $478,160 balance, so the rest of the $699,900 price is paid at closing. A second mortgage can cover part of it. $240,674.53 is due at closing. Uses and sources reconcile at $718,834.95 each. Not a Closing Disclosure.