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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$513,230$513,230$539,999
Remaining term (yrs)28.628.630.0
Secondary amount$0$26,769$0
Funding fee$2,566$2,566$0
Note rate6.76%6.76%7.24%
Blended rate6.76%6.871%7.48%
1st payment$3,380.71$3,380.71$3,680.08
2nd payment$0.00$200.76$0.00
Taxes / mo$298.75$298.75$298.75
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$108.00
HOA / mo$85.00$85.00$85.00
Total monthly$3,931.13$4,131.89$4,338.50
Cash to close$86,769$60,000$60,000