Follow the dollars · Assumption only
A complete cash picture for Dec 25, 2026
Your down payment$262,157Cash toward the purchase price.
Closing costs + prepaids$16,980Not just lender fees.
Before credits & paid funds$279,137The complete starting cash picture.
Estimated remaining funds due at closing
$279,137No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$262,157.50
Your down payment$262,157.50
Closing costs + prepaids$16,979.65
Total buyer cash needed$279,137.15
Remaining funds due$279,137.15
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%)$7,200.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$2,289.21
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$864.00
Initial HOA (3 months)$174.00
Prepaid interest, first (7 days)$234.44
Fees + prepaids$16,979.65
Your down payment is the seller’s equity. You take over the $457,843 balance, so the rest of the $720,000 price is paid at closing. A second mortgage can cover part of it. $279,137.15 is due at closing. Uses and sources reconcile at $736,979.65 each. Not a Closing Disclosure.