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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$345,233$345,233$359,100
Remaining term (yrs)25.225.230.0
Secondary amount$0$33,817$0
Funding fee$1,726$1,726$0
Note rate3.11%3.11%7.18%
Blended rate3.11%3.892%7.42%
1st payment$1,646.10$1,646.10$2,432.67
2nd payment$0.00$334.65$0.00
Taxes / mo$94.58$94.58$94.58
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$71.82
HOA / mo$78.00$78.00$78.00
Total monthly$1,968.69$2,303.34$2,827.07
Cash to close$53,767$19,950$39,900