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$151,178$151,178$278,910
Remaining term (yrs)24.524.530.0
Secondary amount$0$127,732$0
Funding fee$756$756$0
Note rate2.740%2.740%7.400%
Blended rate2.740%5.149%7.640%
1st payment$704.86$704.86$1,931.12
2nd payment$0.00$851.55$0.00
Taxes / mo$148.00$148.00$148.00
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$55.78
HOA / mo$275.00$275.00$275.00
Total monthly$1,277.86$2,129.40$2,559.90
Cash to close$158,722$30,990$30,990