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$520,569$520,569$558,000
Remaining term (yrs)26.426.430.0
Secondary amount$0$37,431$0
Funding fee$2,603$2,603$0
Note rate6.27%6.27%7.18%
Blended rate6.27%6.453%7.42%
1st payment$3,360.76$3,360.76$3,780.09
2nd payment$0.00$280.74$0.00
Taxes / mo$344.17$344.17$344.17
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$111.60
HOA / mo$146.00$146.00$146.00
Total monthly$4,017.59$4,298.33$4,548.52
Cash to close$99,431$62,000$62,000