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$0$0$89,100
Remaining term (yrs)28.328.330.0
Secondary amount$0$89,100$0
Funding fee$0$0$0
Note rate6.500%6.500%7.400%
Blended rate6.500%9.000%7.640%
1st payment$0.00$0.00$616.91
2nd payment$0.00$668.25$0.00
Taxes / mo$178.25$178.25$178.25
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$17.82
HOA / mo$0.00$0.00$0.00
Total monthly$328.25$996.50$962.98
Cash to close$99,000$9,900$9,900