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$259,607$259,607$336,515
Remaining term (yrs)24.824.830.0
Secondary amount$0$76,908$0
Funding fee$1,298$1,298$0
Note rate2.980%2.980%7.400%
Blended rate2.980%4.356%7.640%
1st payment$1,231.15$1,231.15$2,329.96
2nd payment$0.00$576.81$0.00
Taxes / mo$160.25$160.25$160.25
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$67.30
HOA / mo$92.00$92.00$92.00
Total monthly$1,633.40$2,210.21$2,799.51
Cash to close$114,298$37,391$37,391