Comparison

Side-by-side payments and cash to close

Lowest monthly: Current Market Conventional

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$357,446$357,446$382,500
Remaining term (yrs)13.813.830.0
Secondary amount$0$25,054$0
Funding fee$1,787$1,787$0
Note rate5.800%5.800%7.400%
Blended rate5.800%6.010%7.640%
1st payment$3,124.09$3,124.09$2,648.35
2nd payment$0.00$187.90$0.00
Taxes / mo$292.08$292.08$292.08
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$76.50
HOA / mo$48.00$48.00$48.00
Total monthly$3,614.17$3,802.08$3,214.94
Cash to close$67,554$42,500$42,500