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$754,661$754,661$791,910
Remaining term (yrs)25.925.930.0
Secondary amount$0$37,249$0
Funding fee$3,773$3,773$0
Note rate5.700%5.700%7.400%
Blended rate5.700%5.855%7.640%
1st payment$4,643.20$4,643.20$5,483.02
2nd payment$0.00$279.37$0.00
Taxes / mo$733.25$733.25$733.25
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$158.38
HOA / mo$31.00$31.00$31.00
Total monthly$5,624.12$5,903.49$6,622.32
Cash to close$125,239$87,990$87,990