Follow the dollars · Assumption only
A complete cash picture for Dec 20, 2026
Your down payment$56,043Cash toward the purchase price.
Closing costs + prepaids$17,853Not just lender fees.
Before credits & paid funds$73,895The complete starting cash picture.
Estimated remaining funds due at closing
$73,895No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$56,042.80
Your down payment$56,042.80
Closing costs + prepaids$17,852.57
Total buyer cash needed$73,895.37
Remaining funds due$73,895.37
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%)$6,940.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$3,189.79
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$832.75
Prepaid interest, first (12 days)$1,422.03
Fees + prepaids$17,852.57
Your down payment is the seller’s equity. You take over the $637,957 balance, so the rest of the $694,000 price is paid at closing. A second mortgage can cover part of it. $73,895.37 is due at closing. Uses and sources reconcile at $711,852.57 each. Not a Closing Disclosure.