Follow the dollars · Assumption only
A complete cash picture for Dec 7, 2026
Your down payment$20,375Cash toward the purchase price.
Closing costs + prepaids$12,891Not just lender fees.
Before credits & paid funds$33,266The complete starting cash picture.
Estimated remaining funds due at closing
$33,266No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$20,374.89
Your down payment$20,374.89
Closing costs + prepaids$12,890.67
Total buyer cash needed$33,265.55
Remaining funds due$33,265.55
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%)$2,960.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,378.13
Home insurance (12 months up front)$1,800.00
Insurance escrow (3 months)$450.00
Property tax escrow (3 months)$2,005.50
Prepaid interest, first (25 days)$1,329.04
Fees + prepaids$12,890.67
Your down payment is the seller’s equity. You take over the $275,625 balance, so the rest of the $296,000 price is paid at closing. A second mortgage can cover part of it. $33,265.55 is due at closing. Uses and sources reconcile at $308,890.67 each. Not a Closing Disclosure.