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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$155,608$155,608$238,500
Remaining term (yrs)22.622.630.0
Secondary amount$0$82,892$0
Funding fee$778$778$0
Note rate4.14%4.14%7.18%
Blended rate4.14%5.829%7.42%
1st payment$882.81$882.81$1,615.68
2nd payment$0.00$621.69$0.00
Taxes / mo$51.25$51.25$51.25
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$47.70
HOA / mo$61.00$61.00$61.00
Total monthly$1,145.06$1,766.75$1,925.63
Cash to close$109,392$26,500$26,500