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$197,574$197,574$562,500
Remaining term (yrs)19.419.430.0
Secondary amount$0$364,926$0
Funding fee$988$988$0
Note rate3.810%3.810%7.400%
Blended rate3.810%6.366%7.640%
1st payment$1,197.75$1,197.75$3,894.64
2nd payment$0.00$2,356.81$0.00
Taxes / mo$154.17$154.17$154.17
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$112.50
HOA / mo$389.00$389.00$389.00
Total monthly$1,907.58$4,264.39$4,716.97
Cash to close$427,426$62,500$62,500