Follow the dollars · Assumption only
A complete cash picture for Dec 9, 2026
Your down payment$418,013Cash toward the purchase price.
Closing costs + prepaids$16,173Not just lender fees.
Before credits & paid funds$434,186The complete starting cash picture.
Estimated remaining funds due at closing
$434,186No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$418,012.75
Your down payment$418,012.75
Closing costs + prepaids$16,173.39
Total buyer cash needed$434,186.14
Remaining funds due$434,186.14
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%)$6,980.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,399.94
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$1,745.00
Prepaid interest, first (23 days)$580.46
Fees + prepaids$16,173.39
Your down payment is the seller’s equity. You take over the $279,987 balance, so the rest of the $698,000 price is paid at closing. A second mortgage can cover part of it. $434,186.14 is due at closing. Uses and sources reconcile at $714,173.39 each. Not a Closing Disclosure.