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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$550,623$550,623$567,000
Remaining term (yrs)27.427.430.0
Secondary amount$0$47,877$0
Funding fee$2,753$2,753$0
Note rate6.9%6.9%7.18%
Blended rate6.9%7.298%7.42%
1st payment$3,728.14$3,728.14$3,841.06
2nd payment$0.00$473.78$0.00
Taxes / mo$303.08$303.08$303.08
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$113.40
HOA / mo$198.00$198.00$198.00
Total monthly$4,395.89$4,869.67$4,622.21
Cash to close$79,377$31,500$63,000