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$413,341$413,341$746,100
Remaining term (yrs)24.324.330.0
Secondary amount$0$332,759$0
Funding fee$2,067$2,067$0
Note rate2.77%2.77%7.18%
Blended rate2.77%4.991%7.42%
1st payment$1,942.72$1,942.72$5,054.34
2nd payment$0.00$2,149.07$0.00
Taxes / mo$382.08$382.08$382.08
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$149.22
HOA / mo$0.00$0.00$0.00
Total monthly$2,541.47$4,690.54$5,802.31
Cash to close$415,659$82,900$82,900