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$143,111$143,111$472,500
Remaining term (yrs)21.121.130.0
Secondary amount$0$329,389$0
Funding fee$716$716$0
Note rate3.940%3.940%7.400%
Blended rate3.940%6.596%7.640%
1st payment$829.43$829.43$3,271.49
2nd payment$0.00$2,127.31$0.00
Taxes / mo$205.58$205.58$205.58
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$94.50
HOA / mo$0.00$0.00$0.00
Total monthly$1,201.68$3,328.99$3,738.24
Cash to close$381,889$52,500$52,500