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$314,899
Remaining term (yrs)15.615.630.0
Secondary amount$0$314,899$0
Funding fee$0$0$0
Note rate3.000%3.000%7.400%
Blended rate3.000%7.750%7.640%
1st payment$0.00$0.00$2,180.30
2nd payment$0.00$2,033.72$0.00
Taxes / mo$145.58$145.58$145.58
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$62.98
HOA / mo$115.00$115.00$115.00
Total monthly$410.58$2,444.31$2,653.86
Cash to close$349,888$34,989$34,989