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$439,191$439,191$467,550
Remaining term (yrs)25.325.330.0
Secondary amount$0$28,359$0
Funding fee$2,196$2,196$0
Note rate3.45%3.45%7.18%
Blended rate3.45%3.787%7.42%
1st payment$2,164.35$2,164.35$3,167.35
2nd payment$0.00$212.70$0.00
Taxes / mo$215.50$215.50$215.50
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$93.51
HOA / mo$80.00$80.00$80.00
Total monthly$2,626.52$2,839.22$3,723.02
Cash to close$80,309$51,950$51,950