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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$81,794$81,794$162,000
Remaining term (yrs)20.520.530.0
Secondary amount$0$80,206$0
Funding fee$409$409$0
Note rate4.21%4.21%7.18%
Blended rate4.21%6.582%7.42%
1st payment$495.64$495.64$1,097.44
2nd payment$0.00$601.55$0.00
Taxes / mo$57.25$57.25$57.25
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$32.40
HOA / mo$60.33$60.33$60.33
Total monthly$763.22$1,364.77$1,397.42
Cash to close$98,206$18,000$18,000