Follow the dollars · Assumption only
A complete cash picture for Dec 20, 2026
Your down payment$11,938Cash toward the purchase price.
Closing costs + prepaids$17,465Not just lender fees.
Before credits & paid funds$29,403The complete starting cash picture.
Estimated remaining funds due at closing
$29,403No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$11,937.56
Your down payment$11,937.56
Closing costs + prepaids$17,465.22
Total buyer cash needed$29,402.78
Remaining funds due$29,402.78
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%)$6,999.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$3,439.81
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$840.00
Initial HOA (3 months)$62.49
Prepaid interest, first (12 days)$655.92
Fees + prepaids$17,465.22
Your down payment is the seller’s equity. You take over the $687,962 balance, so the rest of the $699,900 price is paid at closing. A second mortgage can cover part of it. $29,402.78 is due at closing. Uses and sources reconcile at $717,365.22 each. Not a Closing Disclosure.