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$268,799$268,799$310,500
Remaining term (yrs)24.924.930.0
Secondary amount$0$41,701$0
Funding fee$1,344$1,344$0
Note rate2.84%2.84%7.18%
Blended rate2.84%3.667%7.42%
1st payment$1,252.42$1,252.42$2,103.44
2nd payment$0.00$312.76$0.00
Taxes / mo$83.83$83.83$83.83
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$62.10
HOA / mo$86.00$86.00$86.00
Total monthly$1,572.25$1,885.01$2,485.37
Cash to close$76,201$34,500$34,500