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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$103,319$103,319$256,500
Remaining term (yrs)18.818.830.0
Secondary amount$0$153,181$0
Funding fee$517$517$0
Note rate4.02%4.02%7.18%
Blended rate4.02%6.397%7.42%
1st payment$650.66$650.66$1,737.62
2nd payment$0.00$1,021.21$0.00
Taxes / mo$110.67$110.67$110.67
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$51.30
HOA / mo$0.00$0.00$0.00
Total monthly$911.32$1,932.53$2,049.59
Cash to close$181,681$28,500$28,500