Follow the dollars · Assumption only
A complete cash picture for Dec 6, 2026
Your down payment$8,108Cash toward the purchase price.
Closing costs + prepaids$12,453Not just lender fees.
Before credits & paid funds$20,561The complete starting cash picture.
Estimated remaining funds due at closing
$20,561No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$8,107.63
Your down payment$8,107.63
Closing costs + prepaids$12,452.91
Total buyer cash needed$20,560.54
Remaining funds due$20,560.54
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%)$3,200.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,559.46
Home insurance (12 months up front)$1,800.00
Insurance escrow (3 months)$450.00
Property tax escrow (3 months)$866.50
Initial HOA (3 months)$133.74
Prepaid interest, first (26 days)$1,475.21
Fees + prepaids$12,452.91
Your down payment is the seller’s equity. You take over the $311,892 balance, so the rest of the $320,000 price is paid at closing. A second mortgage can cover part of it. $20,560.54 is due at closing. Uses and sources reconcile at $332,452.91 each. Not a Closing Disclosure.