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$176,772$176,772$215,999
Remaining term (yrs)25.225.230.0
Secondary amount$0$39,227$0
Funding fee$884$884$0
Note rate3.070%3.070%7.400%
Blended rate3.070%4.147%7.640%
1st payment$837.34$837.34$1,495.53
2nd payment$0.00$294.20$0.00
Taxes / mo$403.00$403.00$403.00
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$43.20
HOA / mo$0.00$0.00$0.00
Total monthly$1,390.34$1,684.54$2,091.73
Cash to close$63,227$24,000$24,000