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$146,644$146,644$279,000
Remaining term (yrs)24.324.330.0
Secondary amount$0$132,356$0
Funding fee$733$733$0
Note rate2.670%2.670%7.400%
Blended rate2.670%5.199%7.640%
1st payment$681.77$681.77$1,931.74
2nd payment$0.00$882.37$0.00
Taxes / mo$355.83$355.83$355.83
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$55.80
HOA / mo$41.25$41.25$41.25
Total monthly$1,228.86$2,111.23$2,534.62
Cash to close$163,356$31,000$31,000