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$253,616$253,616$340,200
Remaining term (yrs)23.823.830.0
Secondary amount$0$86,584$0
Funding fee$1,268$1,268$0
Note rate3.230%3.230%7.400%
Blended rate3.230%4.699%7.640%
1st payment$1,269.65$1,269.65$2,355.48
2nd payment$0.00$649.38$0.00
Taxes / mo$151.42$151.42$151.42
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$68.04
HOA / mo$14.00$14.00$14.00
Total monthly$1,585.07$2,234.45$2,738.93
Cash to close$124,384$37,800$37,800