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$170,440$170,440$242,100
Remaining term (yrs)25.525.530.0
Secondary amount$0$71,660$0
Funding fee$852$852$0
Note rate3.010%3.010%7.400%
Blended rate3.010%4.783%7.640%
1st payment$796.77$796.77$1,676.25
2nd payment$0.00$537.45$0.00
Taxes / mo$527.08$527.08$527.08
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$48.42
HOA / mo$0.00$0.00$0.00
Total monthly$1,473.85$2,011.30$2,401.75
Cash to close$98,560$26,900$26,900