Follow the dollars · Assumption only
A complete cash picture for Dec 14, 2026
Your down payment$53,917Cash toward the purchase price.
Closing costs + prepaids$18,822Not just lender fees.
Before credits & paid funds$72,739The complete starting cash picture.
Estimated remaining funds due at closing
$72,739No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$53,917.15
Your down payment$53,917.15
Closing costs + prepaids$18,822.16
Total buyer cash needed$72,739.31
Remaining funds due$72,739.31
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%)$3,230.41
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$875.00
Initial HOA (3 months)$165.00
Prepaid interest, first (18 days)$2,083.75
Fees + prepaids$18,822.16
Your down payment is the seller’s equity. You take over the $646,083 balance, so the rest of the $700,000 price is paid at closing. A second mortgage can cover part of it. $72,739.31 is due at closing. Uses and sources reconcile at $718,822.16 each. Not a Closing Disclosure.