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$36,806$36,806$314,910
Remaining term (yrs)5.05.030.0
Secondary amount$0$278,104$0
Funding fee$184$184$0
Note rate6.340%6.340%7.400%
Blended rate6.340%7.585%7.640%
1st payment$697.73$697.73$2,180.37
2nd payment$0.00$1,796.09$0.00
Taxes / mo$89.00$89.00$89.00
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$62.98
HOA / mo$0.00$0.00$0.00
Total monthly$936.73$2,732.81$2,482.36
Cash to close$313,094$34,990$34,990