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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$362,116$362,116$373,500
Remaining term (yrs)26.326.330.0
Secondary amount$0$32,134$0
Funding fee$1,811$1,811$0
Note rate6.33%6.33%7.18%
Blended rate6.33%6.782%7.42%
1st payment$2,354.35$2,354.35$2,530.22
2nd payment$0.00$317.99$0.00
Taxes / mo$159.08$159.08$159.08
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$74.70
HOA / mo$96.00$96.00$96.00
Total monthly$2,759.43$3,077.42$3,010.00
Cash to close$52,884$20,750$41,500