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Comparison

Side-by-side payments and cash to close

Lowest monthly: Assumable Loan

Total monthly

Payment stack including taxes, insurance, and HOA

Cash to close

Down payment / equity bring-to

Detail
Assumable Loan
Assumable · VA
Assumable Loan + Second
Assumable · VA
Current Market Conventional
New · Conventional
Loan amount$313,905$313,905$332,100
Remaining term (yrs)27.327.330.0
Secondary amount$0$36,645$0
Funding fee$1,570$1,570$0
Note rate6.64%6.64%7.18%
Blended rate6.64%7.187%7.42%
1st payment$2,074.62$2,074.62$2,249.76
2nd payment$0.00$362.63$0.00
Taxes / mo$115.08$115.08$115.08
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$66.42
HOA / mo$320.00$320.00$320.00
Total monthly$2,659.70$3,022.33$2,901.26
Cash to close$55,095$18,450$36,900