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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$691,588$691,588$697,500
Remaining term (yrs)28.028.030.0
Secondary amount$0$44,662$0
Funding fee$3,458$3,458$0
Note rate6.09%6.09%7.18%
Blended rate6.09%6.441%7.42%
1st payment$4,288.62$4,288.62$4,725.11
2nd payment$0.00$441.97$0.00
Taxes / mo$219.92$219.92$219.92
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$139.50
HOA / mo$0.00$0.00$0.00
Total monthly$4,725.20$5,167.17$5,301.19
Cash to close$83,412$38,750$77,500