Follow the dollars · Assumption only
A complete cash picture for Nov 30, 2026
Your down payment$241,351Cash toward the purchase price.
Closing costs + prepaids$15,432Not just lender fees.
Before credits & paid funds$256,783The complete starting cash picture.
Estimated remaining funds due at closing
$256,783No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$241,351.22
Your down payment$241,351.22
Closing costs + prepaids$15,432.16
Total buyer cash needed$256,783.38
Remaining funds due$256,783.38
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%)$2,293.24
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$639.50
Prepaid interest, first (1 days)$31.41
Fees + prepaids$15,432.16
Your down payment is the seller’s equity. You take over the $458,649 balance, so the rest of the $700,000 price is paid at closing. A second mortgage can cover part of it. $256,783.38 is due at closing. Uses and sources reconcile at $715,432.16 each. Not a Closing Disclosure.