Follow the dollars · Assumption only
A complete cash picture for Nov 30, 2026
Your down payment$540,489Cash toward the purchase price.
Closing costs + prepaids$13,488Not just lender fees.
Before credits & paid funds$553,978The complete starting cash picture.
Estimated remaining funds due at closing
$553,978No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$540,489.38
Your down payment$540,489.38
Closing costs + prepaids$13,488.39
Total buyer cash needed$553,977.76
Remaining funds due$553,977.76
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%)$797.55
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$213.00
Prepaid interest, first (1 days)$9.83
Fees + prepaids$13,488.39
Your down payment is the seller’s equity. You take over the $159,511 balance, so the rest of the $700,000 price is paid at closing. A second mortgage can cover part of it. $553,977.76 is due at closing. Uses and sources reconcile at $713,488.39 each. Not a Closing Disclosure.