Follow the dollars · Assumption only
A complete cash picture for Dec 20, 2026
Your down payment$23,841Cash toward the purchase price.
Closing costs + prepaids$18,079Not just lender fees.
Before credits & paid funds$41,919The complete starting cash picture.
Estimated remaining funds due at closing
$41,919No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$23,840.56
Your down payment$23,840.56
Closing costs + prepaids$18,078.83
Total buyer cash needed$41,919.39
Remaining funds due$41,919.39
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%)$6,970.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$3,365.80
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$836.50
Prepaid interest, first (12 days)$1,438.53
Fees + prepaids$18,078.83
Your down payment is the seller’s equity. You take over the $673,159 balance, so the rest of the $697,000 price is paid at closing. A second mortgage can cover part of it. $41,919.39 is due at closing. Uses and sources reconcile at $715,078.83 each. Not a Closing Disclosure.