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$321,586$321,586$358,191
Remaining term (yrs)25.525.530.0
Secondary amount$0$36,605$0
Funding fee$1,608$1,608$0
Note rate4.17%4.17%7.18%
Blended rate4.17%4.664%7.42%
1st payment$1,705.44$1,705.44$2,426.51
2nd payment$0.00$274.54$0.00
Taxes / mo$100.00$100.00$100.00
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$71.64
HOA / mo$322.00$322.00$322.00
Total monthly$2,277.44$2,551.98$3,070.15
Cash to close$76,404$39,799$39,799