Follow the dollars · Assumption only
A complete cash picture for Dec 14, 2026
Your down payment$302,825Cash toward the purchase price.
Closing costs + prepaids$15,697Not just lender fees.
Before credits & paid funds$318,522The complete starting cash picture.
Estimated remaining funds due at closing
$318,522No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$302,824.69
Your down payment$302,824.69
Closing costs + prepaids$15,697.00
Total buyer cash needed$318,521.68
Remaining funds due$318,521.68
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%)$6,999.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,985.38
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$665.00
Prepaid interest, first (18 days)$579.62
Fees + prepaids$15,697.00
Your down payment is the seller’s equity. You take over the $397,075 balance, so the rest of the $699,900 price is paid at closing. A second mortgage can cover part of it. $318,521.68 is due at closing. Uses and sources reconcile at $715,597.00 each. Not a Closing Disclosure.