Expert Realtor Solutions
Call Jenny

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$232,957$232,957$350,100
Remaining term (yrs)23.623.630.0
Secondary amount$0$117,143$0
Funding fee$1,165$1,165$0
Note rate3.23%3.23%7.18%
Blended rate3.23%4.826%7.42%
1st payment$1,171.66$1,171.66$2,371.70
2nd payment$0.00$780.95$0.00
Taxes / mo$154.50$154.50$154.50
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$70.02
HOA / mo$0.00$0.00$0.00
Total monthly$1,476.16$2,257.11$2,746.22
Cash to close$156,043$38,900$38,900