Follow the dollars · Assumption only
A complete cash picture for Dec 14, 2026
Your down payment$340,398Cash toward the purchase price.
Closing costs + prepaids$16,896Not just lender fees.
Before credits & paid funds$357,293The complete starting cash picture.
Estimated remaining funds due at closing
$357,293No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$340,397.65
Your down payment$340,397.65
Closing costs + prepaids$16,895.84
Total buyer cash needed$357,293.48
Remaining funds due$357,293.48
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%)$6,990.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,793.01
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$1,747.50
Initial HOA (3 months)$411.00
Prepaid interest, first (18 days)$486.32
Fees + prepaids$16,895.84
Your down payment is the seller’s equity. You take over the $358,602 balance, so the rest of the $699,000 price is paid at closing. A second mortgage can cover part of it. $357,293.48 is due at closing. Uses and sources reconcile at $715,895.84 each. Not a Closing Disclosure.