Follow the dollars · Assumption only
A complete cash picture for Dec 22, 2026
Your down payment$477,371Cash toward the purchase price.
Closing costs + prepaids$14,757Not just lender fees.
Before credits & paid funds$492,128The complete starting cash picture.
Estimated remaining funds due at closing
$492,128No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$477,370.83
Your down payment$477,370.83
Closing costs + prepaids$14,757.31
Total buyer cash needed$492,128.14
Remaining funds due$492,128.14
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%)$6,950.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,088.15
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$834.00
Initial HOA (3 months)$252.00
Prepaid interest, first (10 days)$165.16
Fees + prepaids$14,757.31
Your down payment is the seller’s equity. You take over the $217,629 balance, so the rest of the $695,000 price is paid at closing. A second mortgage can cover part of it. $492,128.14 is due at closing. Uses and sources reconcile at $709,757.31 each. Not a Closing Disclosure.