Follow the dollars · Assumption only
A complete cash picture for Dec 5, 2026
Your down payment$240,668Cash toward the purchase price.
Closing costs + prepaids$17,524Not just lender fees.
Before credits & paid funds$258,192The complete starting cash picture.
Estimated remaining funds due at closing
$258,192No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$240,668.32
Your down payment$240,668.32
Closing costs + prepaids$17,523.98
Total buyer cash needed$258,192.30
Remaining funds due$258,192.30
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%)$7,049.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$2,321.16
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$515.25
Initial HOA (3 months)$435.00
Prepaid interest, first (27 days)$985.57
Fees + prepaids$17,523.98
Your down payment is the seller’s equity. You take over the $464,232 balance, so the rest of the $704,900 price is paid at closing. A second mortgage can cover part of it. $258,192.30 is due at closing. Uses and sources reconcile at $722,423.98 each. Not a Closing Disclosure.