Realty with JP
Call Jerry

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$665,243$665,243$764,910
Remaining term (yrs)25.025.030.0
Secondary amount$0$99,667$0
Funding fee$3,326$3,326$0
Note rate2.760%2.760%7.400%
Blended rate2.760%3.573%7.640%
1st payment$3,065.15$3,065.15$5,296.08
2nd payment$0.00$747.51$0.00
Taxes / mo$243.67$243.67$243.67
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$152.98
HOA / mo$90.00$90.00$90.00
Total monthly$3,615.49$4,362.99$5,999.40
Cash to close$184,657$84,990$84,990