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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$171,656$171,656$382,500
Remaining term (yrs)23.123.130.0
Secondary amount$0$210,844$0
Funding fee$858$858$0
Note rate3.69%3.69%7.18%
Blended rate3.69%5.928%7.42%
1st payment$919.44$919.44$2,591.19
2nd payment$0.00$1,361.70$0.00
Taxes / mo$103.33$103.33$103.33
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$76.50
HOA / mo$126.00$126.00$126.00
Total monthly$1,298.77$2,660.47$3,047.02
Cash to close$253,344$42,500$42,500