Follow the dollars · Assumption only
A complete cash picture for Dec 22, 2026
Your down payment$311,567Cash toward the purchase price.
Closing costs + prepaids$15,593Not just lender fees.
Before credits & paid funds$327,160The complete starting cash picture.
Estimated remaining funds due at closing
$327,160No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$311,567.03
Your down payment$311,567.03
Closing costs + prepaids$15,592.71
Total buyer cash needed$327,159.75
Remaining funds due$327,159.75
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%)$6,950.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,917.16
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$834.00
Initial HOA (3 months)$27.51
Prepaid interest, first (10 days)$396.04
Fees + prepaids$15,592.71
Your down payment is the seller’s equity. You take over the $383,433 balance, so the rest of the $695,000 price is paid at closing. A second mortgage can cover part of it. $327,159.75 is due at closing. Uses and sources reconcile at $710,592.71 each. Not a Closing Disclosure.