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$140,388$140,388$296,100
Remaining term (yrs)24.024.030.0
Secondary amount$0$155,712$0
Funding fee$702$702$0
Note rate2.87%2.87%7.18%
Blended rate2.87%5.568%7.42%
1st payment$673.40$673.40$2,005.88
2nd payment$0.00$1,038.08$0.00
Taxes / mo$175.83$175.83$175.83
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$59.22
HOA / mo$79.00$79.00$79.00
Total monthly$1,078.23$2,116.31$2,469.94
Cash to close$188,612$32,900$32,900