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$677,508$677,508$1,665,000
Remaining term (yrs)19.819.830.0
Secondary amount$0$987,492$0
Funding fee$3,388$3,388$0
Note rate3.600%3.600%7.400%
Blended rate3.600%6.061%7.640%
1st payment$3,975.51$3,975.51$11,528.12
2nd payment$0.00$6,377.55$0.00
Taxes / mo$402.00$402.00$402.00
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$333.00
HOA / mo$83.33$83.33$83.33
Total monthly$4,677.51$11,055.06$12,563.12
Cash to close$1,172,492$185,000$185,000