Realty with JP
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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$385,044$385,044$400,410
Remaining term (yrs)25.425.430.0
Secondary amount$0$37,611$0
Funding fee$1,925$1,925$0
Note rate3.120%3.120%7.400%
Blended rate3.120%3.899%7.640%
1st payment$1,826.11$1,826.11$2,772.36
2nd payment$0.00$372.20$0.00
Taxes / mo$178.33$178.33$178.33
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$80.08
HOA / mo$0.00$0.00$0.00
Total monthly$2,154.44$2,526.63$3,180.77
Cash to close$59,856$22,245$44,490