Follow the dollars · Assumption only
A complete cash picture for Dec 20, 2026
Your down payment$26,798Cash toward the purchase price.
Closing costs + prepaids$12,003Not just lender fees.
Before credits & paid funds$38,801The complete starting cash picture.
Estimated remaining funds due at closing
$38,801No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$26,798.43
Your down payment$26,798.43
Closing costs + prepaids$12,002.77
Total buyer cash needed$38,801.20
Remaining funds due$38,801.20
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%)$1,466.01
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)$1,461.00
Prepaid interest, first (12 days)$273.76
Fees + prepaids$12,002.77
Your down payment is the seller’s equity. You take over the $293,202 balance, so the rest of the $320,000 price is paid at closing. A second mortgage can cover part of it. $38,801.20 is due at closing. Uses and sources reconcile at $332,002.77 each. Not a Closing Disclosure.