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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$474,841$474,841$526,500
Remaining term (yrs)26.426.430.0
Secondary amount$0$51,659$0
Funding fee$2,374$2,374$0
Note rate6.32%6.32%7.18%
Blended rate6.32%6.583%7.42%
1st payment$3,080.49$3,080.49$3,566.69
2nd payment$0.00$387.44$0.00
Taxes / mo$208.00$208.00$208.00
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$105.30
HOA / mo$38.33$38.33$38.33
Total monthly$3,493.48$3,880.93$4,084.99
Cash to close$110,159$58,500$58,500