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$779,384$779,384$8,325,000
Remaining term (yrs)29.029.030.0
Secondary amount$0$7,545,616$0
Funding fee$3,897$3,897$0
Note rate6.270%6.270%7.400%
Blended rate6.270%7.611%7.640%
1st payment$4,855.94$4,855.94$57,640.62
2nd payment$0.00$48,732.10$0.00
Taxes / mo$793.00$793.00$793.00
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$1,665.00
HOA / mo$0.00$0.00$0.00
Total monthly$5,865.60$54,597.71$60,315.29
Cash to close$8,470,616$925,000$925,000