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$276,556$276,556$315,000
Remaining term (yrs)26.226.230.0
Secondary amount$0$38,444$0
Funding fee$1,383$1,383$0
Note rate6.27%6.27%7.18%
Blended rate6.27%6.603%7.42%
1st payment$1,789.85$1,789.85$2,133.92
2nd payment$0.00$288.33$0.00
Taxes / mo$121.67$121.67$121.67
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$63.00
HOA / mo$114.00$114.00$114.00
Total monthly$2,175.51$2,463.84$2,582.59
Cash to close$73,444$35,000$35,000