Follow the dollars · Assumption only
A complete cash picture for Dec 5, 2026
Your down payment$402,367Cash toward the purchase price.
Closing costs + prepaids$15,600Not just lender fees.
Before credits & paid funds$417,966The complete starting cash picture.
Estimated remaining funds due at closing
$417,966No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$402,366.76
Your down payment$402,366.76
Closing costs + prepaids$15,599.70
Total buyer cash needed$417,966.46
Remaining funds due$417,966.46
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%)$1,488.17
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$695.25
Initial HOA (3 months)$312.00
Prepaid interest, first (27 days)$636.28
Fees + prepaids$15,599.70
Your down payment is the seller’s equity. You take over the $297,633 balance, so the rest of the $700,000 price is paid at closing. A second mortgage can cover part of it. $417,966.46 is due at closing. Uses and sources reconcile at $715,599.70 each. Not a Closing Disclosure.