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$765,200$765,200$760,410
Remaining term (yrs)25.525.530.0
Secondary amount$0$37,455$0
Funding fee$3,826$3,826$0
Note rate3.850%3.850%7.400%
Blended rate3.850%4.224%7.640%
1st payment$3,914.55$3,914.55$5,264.93
2nd payment$0.00$370.65$0.00
Taxes / mo$298.17$298.17$298.17
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$152.08
HOA / mo$0.00$0.00$0.00
Total monthly$4,429.39$4,800.03$5,931.85
Cash to close$79,700$42,245$84,490