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$347,733$347,733$355,500
Remaining term (yrs)28.928.930.0
Secondary amount$0$27,517$0
Funding fee$1,739$1,739$0
Note rate6.58%6.58%7.18%
Blended rate6.58%6.968%7.42%
1st payment$2,240.91$2,240.91$2,408.28
2nd payment$0.00$272.30$0.00
Taxes / mo$140.42$140.42$140.42
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$71.10
HOA / mo$0.00$0.00$0.00
Total monthly$2,531.32$2,803.62$2,769.80
Cash to close$47,267$19,750$39,500