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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$307,438$307,438$353,610
Remaining term (yrs)27.127.130.0
Secondary amount$0$46,172$0
Funding fee$1,537$1,537$0
Note rate7.62%7.62%7.18%
Blended rate7.62%7.8%7.42%
1st payment$2,236.23$2,236.23$2,395.48
2nd payment$0.00$346.29$0.00
Taxes / mo$118.92$118.92$118.92
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$70.72
HOA / mo$87.00$87.00$87.00
Total monthly$2,592.15$2,938.44$2,822.12
Cash to close$85,462$39,290$39,290