Follow the dollars · Assumption only
A complete cash picture for Dec 27, 2026
Your down payment$16,700Cash toward the purchase price.
Closing costs + prepaids$11,018Not just lender fees.
Before credits & paid funds$27,718The complete starting cash picture.
Estimated remaining funds due at closing
$27,718No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$16,699.88
Your down payment$16,699.88
Closing costs + prepaids$11,018.07
Total buyer cash needed$27,717.95
Remaining funds due$27,717.95
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%)$1,516.50
Home insurance (12 months up front)$1,800.00
Insurance escrow (3 months)$450.00
Property tax escrow (3 months)$816.00
Prepaid interest, first (5 days)$267.57
Fees + prepaids$11,018.07
Your down payment is the seller’s equity. You take over the $303,300 balance, so the rest of the $320,000 price is paid at closing. A second mortgage can cover part of it. $27,717.95 is due at closing. Uses and sources reconcile at $331,018.07 each. Not a Closing Disclosure.