Follow the dollars · Assumption only
A complete cash picture for Dec 8, 2026
Your down payment$14,142Cash toward the purchase price.
Closing costs + prepaids$12,414Not just lender fees.
Before credits & paid funds$26,556The complete starting cash picture.
Estimated remaining funds due at closing
$26,556No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$14,141.53
Your down payment$14,141.53
Closing costs + prepaids$12,414.22
Total buyer cash needed$26,555.75
Remaining funds due$26,555.75
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%)$1,529.29
Home insurance (12 months up front)$1,800.00
Insurance escrow (3 months)$450.00
Property tax escrow (3 months)$1,712.50
Initial HOA (3 months)$132.99
Prepaid interest, first (24 days)$621.44
Fees + prepaids$12,414.22
Your down payment is the seller’s equity. You take over the $305,858 balance, so the rest of the $320,000 price is paid at closing. A second mortgage can cover part of it. $26,555.75 is due at closing. Uses and sources reconcile at $332,414.22 each. Not a Closing Disclosure.