Follow the dollars · Assumption only
A complete cash picture for Nov 30, 2026
Your down payment$401,651Cash toward the purchase price.
Closing costs + prepaids$14,991Not just lender fees.
Before credits & paid funds$416,642The complete starting cash picture.
Estimated remaining funds due at closing
$416,642No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$401,651.14
Your down payment$401,651.14
Closing costs + prepaids$14,990.62
Total buyer cash needed$416,641.76
Remaining funds due$416,641.76
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%)$1,491.74
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 (1 days)$23.62
Fees + prepaids$14,990.62
Your down payment is the seller’s equity. You take over the $298,349 balance, so the rest of the $700,000 price is paid at closing. A second mortgage can cover part of it. $416,641.76 is due at closing. Uses and sources reconcile at $714,990.62 each. Not a Closing Disclosure.