Follow the dollars · Assumption only
A complete cash picture for Dec 14, 2026
Your down payment$678,993Cash toward the purchase price.
Closing costs + prepaids$14,504Not just lender fees.
Before credits & paid funds$693,497The complete starting cash picture.
Estimated remaining funds due at closing
$693,497No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$678,993.26
Your down payment$678,993.26
Closing costs + prepaids$14,503.94
Total buyer cash needed$693,497.20
Remaining funds due$693,497.20
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%)$105.03
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$1,750.00
Initial HOA (3 months)$126.00
Prepaid interest, first (18 days)$54.91
Fees + prepaids$14,503.94
Your down payment is the seller’s equity. You take over the $21,007 balance, so the rest of the $700,000 price is paid at closing. A second mortgage can cover part of it. $693,497.20 is due at closing. Uses and sources reconcile at $714,503.94 each. Not a Closing Disclosure.