Follow the dollars · Assumption only
A complete cash picture for Nov 30, 2026
Your down payment$299,362Cash toward the purchase price.
Closing costs + prepaids$15,446Not just lender fees.
Before credits & paid funds$314,808The complete starting cash picture.
Estimated remaining funds due at closing
$314,808No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$299,362.36
Your down payment$299,362.36
Closing costs + prepaids$15,445.51
Total buyer cash needed$314,807.87
Remaining funds due$314,807.87
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%)$2,003.19
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$667.75
Initial HOA (3 months)$275.01
Prepaid interest, first (1 days)$31.56
Fees + prepaids$15,445.51
Your down payment is the seller’s equity. You take over the $400,638 balance, so the rest of the $700,000 price is paid at closing. A second mortgage can cover part of it. $314,807.87 is due at closing. Uses and sources reconcile at $715,445.51 each. Not a Closing Disclosure.