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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$336,541$336,541$360,000
Remaining term (yrs)25.625.630.0
Secondary amount$0$43,459$0
Funding fee$1,683$1,683$0
Note rate5.27%5.27%7.18%
Blended rate5.27%6.025%7.42%
1st payment$1,992.40$1,992.40$2,438.77
2nd payment$0.00$430.06$0.00
Taxes / mo$179.50$179.50$179.50
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$72.00
HOA / mo$0.00$0.00$0.00
Total monthly$2,321.90$2,751.96$2,840.27
Cash to close$63,459$20,000$40,000