Follow the dollars · Assumption only
A complete cash picture for Dec 9, 2026
Your down payment$18,626Cash toward the purchase price.
Closing costs + prepaids$12,790Not just lender fees.
Before credits & paid funds$31,416The complete starting cash picture.
Estimated remaining funds due at closing
$31,416No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$18,625.95
Your down payment$18,625.95
Closing costs + prepaids$12,790.22
Total buyer cash needed$31,416.17
Remaining funds due$31,416.17
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%)$1,506.87
Home insurance (12 months up front)$1,800.00
Insurance escrow (3 months)$450.00
Property tax escrow (3 months)$1,337.75
Initial HOA (3 months)$297.00
Prepaid interest, first (23 days)$1,230.60
Fees + prepaids$12,790.22
Your down payment is the seller’s equity. You take over the $301,374 balance, so the rest of the $320,000 price is paid at closing. A second mortgage can cover part of it. $31,416.17 is due at closing. Uses and sources reconcile at $332,790.22 each. Not a Closing Disclosure.