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$107,941$107,941$247,500
Remaining term (yrs)13.913.930.0
Secondary amount$0$139,559$0
Funding fee$540$540$0
Note rate4.560%4.560%7.400%
Blended rate4.560%6.500%7.640%
1st payment$870.45$870.45$1,713.64
2nd payment$0.00$930.39$0.00
Taxes / mo$656.08$656.08$656.08
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$49.50
HOA / mo$11.42$11.42$11.42
Total monthly$1,687.95$2,618.34$2,580.64
Cash to close$167,059$27,500$27,500