Follow the dollars · Assumption only
A complete cash picture for Dec 23, 2026
Your down payment$255,287Cash toward the purchase price.
Closing costs + prepaids$16,210Not just lender fees.
Before credits & paid funds$271,497The complete starting cash picture.
Estimated remaining funds due at closing
$271,497No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$255,286.94
Your down payment$255,286.94
Closing costs + prepaids$16,210.06
Total buyer cash needed$271,497.00
Remaining funds due$271,497.00
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%)$2,218.57
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$838.75
Prepaid interest, first (9 days)$694.75
Fees + prepaids$16,210.06
Your down payment is the seller’s equity. You take over the $443,713 balance, so the rest of the $699,000 price is paid at closing. A second mortgage can cover part of it. $271,497.00 is due at closing. Uses and sources reconcile at $715,210.06 each. Not a Closing Disclosure.