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$336,854$336,854$368,910
Remaining term (yrs)25.025.030.0
Secondary amount$0$32,056$0
Funding fee$1,684$1,684$0
Note rate2.860%2.860%7.400%
Blended rate2.860%3.394%7.640%
1st payment$1,565.84$1,565.84$2,554.26
2nd payment$0.00$240.42$0.00
Taxes / mo$33.58$33.58$33.58
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$73.78
HOA / mo$30.42$30.42$30.42
Total monthly$1,779.85$2,020.27$2,842.04
Cash to close$73,046$40,990$40,990