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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$349,599$349,599$355,050
Remaining term (yrs)26.626.630.0
Secondary amount$0$25,176$0
Funding fee$1,748$1,748$0
Note rate6.35%6.35%7.18%
Blended rate6.35%6.721%7.42%
1st payment$2,269.14$2,269.14$2,405.23
2nd payment$0.00$249.13$0.00
Taxes / mo$101.17$101.17$101.17
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$71.01
HOA / mo$250.00$250.00$250.00
Total monthly$2,770.30$3,019.44$2,977.41
Cash to close$44,901$19,725$39,450