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$308,634$308,634$566,100
Remaining term (yrs)24.024.030.0
Secondary amount$0$257,466$0
Funding fee$1,543$1,543$0
Note rate2.980%2.980%7.400%
Blended rate2.980%5.149%7.640%
1st payment$1,497.88$1,497.88$3,919.56
2nd payment$0.00$1,662.80$0.00
Taxes / mo$161.00$161.00$161.00
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$113.22
HOA / mo$493.00$493.00$493.00
Total monthly$2,318.55$3,981.35$4,853.45
Cash to close$320,366$62,900$62,900