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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$915,821$915,821$895,500
Remaining term (yrs)28.428.430.0
Secondary amount$0$29,429$0
Funding fee$4,579$4,579$0
Note rate6.5%6.5%7.18%
Blended rate6.5%6.667%7.42%
1st payment$5,888.98$5,888.98$6,066.43
2nd payment$0.00$291.23$0.00
Taxes / mo$362.42$362.42$362.42
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$179.10
HOA / mo$200.00$200.00$200.00
Total monthly$6,668.06$6,959.29$7,024.61
Cash to close$79,179$49,750$99,500