Follow the dollars · Assumption only
A complete cash picture for Dec 22, 2026
Your down payment$28,030Cash toward the purchase price.
Closing costs + prepaids$19,381Not just lender fees.
Before credits & paid funds$47,410The complete starting cash picture.
Estimated remaining funds due at closing
$47,410No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$28,029.52
Your down payment$28,029.52
Closing costs + prepaids$19,380.94
Total buyer cash needed$47,410.46
Remaining funds due$47,410.46
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%)$7,150.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$3,434.85
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$858.00
Initial HOA (3 months)$540.00
Prepaid interest, first (10 days)$1,180.08
Fees + prepaids$19,380.94
Your down payment is the seller’s equity. You take over the $686,970 balance, so the rest of the $715,000 price is paid at closing. A second mortgage can cover part of it. $47,410.46 is due at closing. Uses and sources reconcile at $734,380.94 each. Not a Closing Disclosure.