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$435,719$435,719$446,310
Remaining term (yrs)26.626.630.0
Secondary amount$0$35,386$0
Funding fee$2,179$2,179$0
Note rate6.340%6.340%7.400%
Blended rate6.340%6.756%7.640%
1st payment$2,821.98$2,821.98$3,090.16
2nd payment$0.00$350.18$0.00
Taxes / mo$163.58$163.58$163.58
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$89.26
HOA / mo$104.00$104.00$104.00
Total monthly$3,256.23$3,606.41$3,613.67
Cash to close$60,181$24,795$49,590