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$983,990$983,990$1,062,000
Remaining term (yrs)29.429.430.0
Secondary amount$0$78,010$0
Funding fee$4,920$4,920$0
Note rate5.98%5.98%7.18%
Blended rate5.98%6.202%7.42%
1st payment$5,922.83$5,922.83$7,194.36
2nd payment$0.00$585.08$0.00
Taxes / mo$327.58$327.58$327.58
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$212.40
HOA / mo$250.00$250.00$250.00
Total monthly$6,717.08$7,302.15$8,201.01
Cash to close$196,010$118,000$118,000