Follow the dollars · Assumption only
A complete cash picture for Dec 20, 2026
Your down payment$301,814Cash toward the purchase price.
Closing costs + prepaids$16,765Not just lender fees.
Before credits & paid funds$318,579The complete starting cash picture.
Estimated remaining funds due at closing
$318,579No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$301,813.55
Your down payment$301,813.55
Closing costs + prepaids$16,765.40
Total buyer cash needed$318,578.95
Remaining funds due$318,578.95
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%)$7,249.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$2,115.43
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$870.00
Prepaid interest, first (12 days)$312.97
Fees + prepaids$16,765.40
Your down payment is the seller’s equity. You take over the $423,086 balance, so the rest of the $724,900 price is paid at closing. A second mortgage can cover part of it. $318,578.95 is due at closing. Uses and sources reconcile at $741,665.40 each. Not a Closing Disclosure.