Follow the dollars · Assumption only
A complete cash picture for Nov 29, 2026
Your down payment$477,371Cash toward the purchase price.
Closing costs + prepaids$14,039Not just lender fees.
Before credits & paid funds$491,410The complete starting cash picture.
Estimated remaining funds due at closing
$491,410No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$477,370.91
Your down payment$477,370.91
Closing costs + prepaids$14,038.61
Total buyer cash needed$491,409.52
Remaining funds due$491,409.52
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%)$1,108.15
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$428.75
Prepaid interest, first (2 days)$43.72
Fees + prepaids$14,038.61
Your down payment is the seller’s equity. You take over the $221,629 balance, so the rest of the $699,000 price is paid at closing. A second mortgage can cover part of it. $491,409.52 is due at closing. Uses and sources reconcile at $713,038.61 each. Not a Closing Disclosure.