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$175,489
Remaining term (yrs)0.00.030.0
Secondary amount$0$175,489$0
Funding fee$0$0$0
Note rate8.240%8.240%7.400%
Blended rate8.240%8.000%7.640%
1st payment$436.38$436.38$1,215.05
2nd payment$0.00$1,169.93$0.00
Taxes / mo$250.17$250.17$250.17
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$35.10
HOA / mo$0.00$0.00$0.00
Total monthly$836.54$2,006.47$1,650.32
Cash to close$194,988$19,499$19,499