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$323,919$323,919$450,000
Remaining term (yrs)22.922.930.0
Secondary amount$0$126,081$0
Funding fee$1,620$1,620$0
Note rate3.770%3.770%7.400%
Blended rate3.770%4.955%7.640%
1st payment$1,756.80$1,756.80$3,115.71
2nd payment$0.00$840.54$0.00
Taxes / mo$313.42$313.42$313.42
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$90.00
HOA / mo$85.00$85.00$85.00
Total monthly$2,321.88$3,162.43$3,770.79
Cash to close$176,081$50,000$50,000