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$191,569$191,569$351,000
Remaining term (yrs)19.719.730.0
Secondary amount$0$159,431$0
Funding fee$958$958$0
Note rate3.640%3.640%7.400%
Blended rate3.640%5.620%7.640%
1st payment$1,131.28$1,131.28$2,430.25
2nd payment$0.00$1,062.88$0.00
Taxes / mo$325.00$325.00$325.00
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$70.20
HOA / mo$20.83$20.83$20.83
Total monthly$1,627.11$2,689.99$2,996.28
Cash to close$198,431$39,000$39,000