Follow the dollars · Assumption only
A complete cash picture for Dec 22, 2026
Your down payment$68,248Cash toward the purchase price.
Closing costs + prepaids$17,929Not just lender fees.
Before credits & paid funds$86,177The complete starting cash picture.
Estimated remaining funds due at closing
$86,177No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$68,247.63
Your down payment$68,247.63
Closing costs + prepaids$17,928.96
Total buyer cash needed$86,176.59
Remaining funds due$86,176.59
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%)$3,158.76
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$840.00
Initial HOA (3 months)$261.00
Prepaid interest, first (10 days)$1,201.19
Fees + prepaids$17,928.96
Your down payment is the seller’s equity. You take over the $631,752 balance, so the rest of the $700,000 price is paid at closing. A second mortgage can cover part of it. $86,176.59 is due at closing. Uses and sources reconcile at $717,928.96 each. Not a Closing Disclosure.