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$73,509$73,509$310,500
Remaining term (yrs)15.815.830.0
Secondary amount$0$236,991$0
Funding fee$368$368$0
Note rate3.650%3.650%7.400%
Blended rate3.650%6.779%7.640%
1st payment$508.00$508.00$2,149.84
2nd payment$0.00$1,530.56$0.00
Taxes / mo$137.75$137.75$137.75
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$62.10
HOA / mo$356.00$356.00$356.00
Total monthly$1,151.75$2,682.31$2,855.69
Cash to close$271,491$34,500$34,500