Follow the dollars · Assumption only
A complete cash picture for Dec 1, 2026
Your down payment$218,190Cash toward the purchase price.
Closing costs + prepaids$17,132Not just lender fees.
Before credits & paid funds$235,322The complete starting cash picture.
Estimated remaining funds due at closing
$235,322No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$218,190.24
Your down payment$218,190.24
Closing costs + prepaids$17,131.98
Total buyer cash needed$235,322.22
Remaining funds due$235,322.22
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%)$2,409.05
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$747.50
Initial HOA (3 months)$333.00
Prepaid interest, first (31 days)$1,174.43
Fees + prepaids$17,131.98
Your down payment is the seller’s equity. You take over the $481,810 balance, so the rest of the $700,000 price is paid at closing. A second mortgage can cover part of it. $235,322.22 is due at closing. Uses and sources reconcile at $717,131.98 each. Not a Closing Disclosure.