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$437,134$437,134$441,000
Remaining term (yrs)25.925.930.0
Secondary amount$0$28,366$0
Funding fee$2,186$2,186$0
Note rate5.13%5.13%7.18%
Blended rate5.13%5.541%7.42%
1st payment$2,539.83$2,539.83$2,987.49
2nd payment$0.00$280.71$0.00
Taxes / mo$168.75$168.75$168.75
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$88.20
HOA / mo$68.25$68.25$68.25
Total monthly$2,943.50$3,224.21$3,479.35
Cash to close$52,866$24,500$49,000