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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$91,033$91,033$288,000
Remaining term (yrs)24.324.330.0
Secondary amount$0$196,967$0
Funding fee$455$455$0
Note rate2.74%2.74%7.18%
Blended rate2.74%6.337%7.42%
1st payment$426.47$426.47$1,951.01
2nd payment$0.00$1,313.11$0.00
Taxes / mo$43.75$43.75$43.75
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$57.60
HOA / mo$0.00$0.00$0.00
Total monthly$620.22$1,933.33$2,202.36
Cash to close$228,967$32,000$32,000