Follow the dollars · Assumption only
A complete cash picture for Dec 26, 2026
Your down payment$477,041Cash toward the purchase price.
Closing costs + prepaids$15,362Not just lender fees.
Before credits & paid funds$492,403The complete starting cash picture.
Estimated remaining funds due at closing
$492,403No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$477,040.62
Your down payment$477,040.62
Closing costs + prepaids$15,362.47
Total buyer cash needed$492,403.08
Remaining funds due$492,403.08
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%)$7,050.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,139.80
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$846.00
Prepaid interest, first (6 days)$108.67
Fees + prepaids$15,362.47
Your down payment is the seller’s equity. You take over the $227,959 balance, so the rest of the $705,000 price is paid at closing. A second mortgage can cover part of it. $492,403.08 is due at closing. Uses and sources reconcile at $720,362.47 each. Not a Closing Disclosure.