Follow the dollars · Assumption only
A complete cash picture for Dec 4, 2026
Your down payment$338,125Cash toward the purchase price.
Closing costs + prepaids$15,718Not just lender fees.
Before credits & paid funds$353,842The complete starting cash picture.
Estimated remaining funds due at closing
$353,842No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$338,124.55
Your down payment$338,124.55
Closing costs + prepaids$15,717.69
Total buyer cash needed$353,842.24
Remaining funds due$353,842.24
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%)$7,000.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,809.38
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$606.25
Initial HOA (3 months)$54.00
Prepaid interest, first (28 days)$780.06
Fees + prepaids$15,717.69
Your down payment is the seller’s equity. You take over the $361,875 balance, so the rest of the $700,000 price is paid at closing. A second mortgage can cover part of it. $353,842.24 is due at closing. Uses and sources reconcile at $715,717.69 each. Not a Closing Disclosure.