Follow the dollars · Assumption only
A complete cash picture for Dec 22, 2026
Your down payment$2,577Cash toward the purchase price.
Closing costs + prepaids$12,049Not just lender fees.
Before credits & paid funds$14,626The complete starting cash picture.
Estimated remaining funds due at closing
$14,626No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$2,577.39
Your down payment$2,577.39
Closing costs + prepaids$12,048.73
Total buyer cash needed$14,626.12
Remaining funds due$14,626.12
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%)$1,587.11
Home insurance (12 months up front)$1,800.00
Insurance escrow (3 months)$450.00
Property tax escrow (3 months)$384.00
Initial HOA (3 months)$1,110.00
Prepaid interest, first (10 days)$549.62
Fees + prepaids$12,048.73
Your down payment is the seller’s equity. You take over the $317,423 balance, so the rest of the $320,000 price is paid at closing. A second mortgage can cover part of it. $14,626.12 is due at closing. Uses and sources reconcile at $332,048.73 each. Not a Closing Disclosure.