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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$625,391$625,391$643,500
Remaining term (yrs)28.128.130.0
Secondary amount$0$53,859$0
Funding fee$3,127$3,127$0
Note rate6.44%6.44%7.18%
Blended rate6.44%6.871%7.42%
1st payment$4,013.73$4,013.73$4,359.29
2nd payment$0.00$532.98$0.00
Taxes / mo$136.17$136.17$136.17
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$128.70
HOA / mo$0.00$0.00$0.00
Total monthly$4,366.57$4,899.54$4,840.83
Cash to close$89,609$35,750$71,500