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$111,523$111,523$179,999
Remaining term (yrs)23.823.830.0
Secondary amount$0$68,476$0
Funding fee$558$558$0
Note rate3.130%3.130%7.400%
Blended rate3.130%5.363%7.640%
1st payment$552.49$552.49$1,246.28
2nd payment$0.00$513.57$0.00
Taxes / mo$146.92$146.92$146.92
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$36.00
HOA / mo$0.00$0.00$0.00
Total monthly$849.40$1,362.98$1,579.19
Cash to close$88,476$20,000$20,000