Follow the dollars · Assumption only
A complete cash picture for Dec 20, 2026
Your down payment$151,154Cash toward the purchase price.
Closing costs + prepaids$17,144Not just lender fees.
Before credits & paid funds$168,298The complete starting cash picture.
Estimated remaining funds due at closing
$168,298No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$151,153.70
Your down payment$151,153.70
Closing costs + prepaids$17,143.90
Total buyer cash needed$168,297.60
Remaining funds due$168,297.60
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%)$2,744.23
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)$249.00
Prepaid interest, first (12 days)$842.67
Fees + prepaids$17,143.90
Your down payment is the seller’s equity. You take over the $548,846 balance, so the rest of the $700,000 price is paid at closing. A second mortgage can cover part of it. $168,297.60 is due at closing. Uses and sources reconcile at $717,143.90 each. Not a Closing Disclosure.