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$410,345$410,345$792,000
Remaining term (yrs)24.324.330.0
Secondary amount$0$381,655$0
Funding fee$2,052$2,052$0
Note rate2.73%2.73%7.18%
Blended rate2.73%5.149%7.42%
1st payment$1,920.27$1,920.27$5,365.28
2nd payment$0.00$2,464.86$0.00
Taxes / mo$223.58$223.58$223.58
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$158.40
HOA / mo$71.67$71.67$71.67
Total monthly$2,432.19$4,897.05$6,035.60
Cash to close$469,655$88,000$88,000