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$418,587$418,587$442,800
Remaining term (yrs)25.625.630.0
Secondary amount$0$48,813$0
Funding fee$2,093$2,093$0
Note rate4.670%4.670%7.320%
Blended rate4.670%5.422%7.560%
1st payment$2,330.93$2,330.93$3,041.73
2nd payment$0.00$483.04$0.00
Taxes / mo$133.25$133.25$133.25
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$88.56
HOA / mo$0.00$0.00$0.00
Total monthly$2,630.85$3,113.89$3,430.21
Cash to close$73,413$24,600$49,200