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$434,266$434,266$1,034,100
Remaining term (yrs)23.723.730.0
Secondary amount$0$599,834$0
Funding fee$2,171$2,171$0
Note rate3.030%3.030%7.400%
Blended rate3.030%5.768%7.640%
1st payment$2,133.93$2,133.93$7,159.90
2nd payment$0.00$3,873.93$0.00
Taxes / mo$568.58$568.58$568.58
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$206.82
HOA / mo$180.00$180.00$180.00
Total monthly$3,099.18$6,973.11$8,331.97
Cash to close$714,734$114,900$114,900