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$336,710$336,710$468,000
Remaining term (yrs)25.225.230.0
Secondary amount$0$131,290$0
Funding fee$1,684$1,684$0
Note rate2.750%2.750%7.400%
Blended rate2.750%4.223%7.640%
1st payment$1,539.07$1,539.07$3,240.34
2nd payment$0.00$875.27$0.00
Taxes / mo$171.42$171.42$171.42
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$93.60
HOA / mo$0.00$0.00$0.00
Total monthly$1,877.15$2,752.42$3,672.02
Cash to close$183,290$52,000$52,000