Follow the dollars · Assumption only
A complete cash picture for Dec 7, 2026
Your down payment$9,583Cash toward the purchase price.
Closing costs + prepaids$12,995Not just lender fees.
Before credits & paid funds$22,578The complete starting cash picture.
Estimated remaining funds due at closing
$22,578No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$9,583.18
Your down payment$9,583.18
Closing costs + prepaids$12,995.24
Total buyer cash needed$22,578.42
Remaining funds due$22,578.42
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%)$1,552.08
Home insurance (12 months up front)$1,800.00
Insurance escrow (3 months)$450.00
Property tax escrow (3 months)$1,457.25
Initial HOA (3 months)$120.00
Prepaid interest, first (25 days)$1,447.90
Fees + prepaids$12,995.24
Your down payment is the seller’s equity. You take over the $310,417 balance, so the rest of the $320,000 price is paid at closing. A second mortgage can cover part of it. $22,578.42 is due at closing. Uses and sources reconcile at $332,995.24 each. Not a Closing Disclosure.