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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$142,722$142,722$292,500
Remaining term (yrs)22.222.230.0
Secondary amount$0$149,778$0
Funding fee$714$714$0
Note rate2.72%2.72%7.18%
Blended rate2.72%5.424%7.42%
1st payment$713.09$713.09$1,981.50
2nd payment$0.00$998.52$0.00
Taxes / mo$60.00$60.00$60.00
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$58.50
HOA / mo$0.00$0.00$0.00
Total monthly$923.09$1,921.62$2,250.00
Cash to close$182,278$32,500$32,500