Follow the dollars · Assumption only
A complete cash picture for Dec 20, 2026
Your down payment$10,824Cash toward the purchase price.
Closing costs + prepaids$18,301Not just lender fees.
Before credits & paid funds$29,125The complete starting cash picture.
Estimated remaining funds due at closing
$29,125No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$10,824.13
Your down payment$10,824.13
Closing costs + prepaids$18,300.60
Total buyer cash needed$29,124.73
Remaining funds due$29,124.73
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%)$3,445.88
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)$8.25
Prepaid interest, first (12 days)$1,538.47
Fees + prepaids$18,300.60
Your down payment is the seller’s equity. You take over the $689,176 balance, so the rest of the $700,000 price is paid at closing. A second mortgage can cover part of it. $29,124.73 is due at closing. Uses and sources reconcile at $718,300.60 each. Not a Closing Disclosure.