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$132,624$132,624$1,795,500
Remaining term (yrs)0.00.030.0
Secondary amount$0$1,662,876$0
Funding fee$663$663$0
Note rate6.740%6.740%7.400%
Blended rate6.740%7.675%7.640%
1st payment$133,369.10$133,369.10$12,431.68
2nd payment$0.00$10,739.41$0.00
Taxes / mo$1,468.58$1,468.58$1,468.58
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$359.10
HOA / mo$0.00$0.00$0.00
Total monthly$135,054.35$145,793.76$14,476.03
Cash to close$1,862,376$199,500$199,500