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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$169,647$169,647$340,200
Remaining term (yrs)22.922.930.0
Secondary amount$0$170,553$0
Funding fee$848$848$0
Note rate3.62%3.62%7.18%
Blended rate3.62%5.816%7.42%
1st payment$906.53$906.53$2,304.63
2nd payment$0.00$1,137.02$0.00
Taxes / mo$98.00$98.00$98.00
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$68.04
HOA / mo$0.00$0.00$0.00
Total monthly$1,154.53$2,291.55$2,620.67
Cash to close$208,353$37,800$37,800