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
Current Market Conventional
New · Conventional
Loan amount$329,879$328,500
Remaining term (yrs)26.530.0
Secondary amount$0$0
Funding fee$1,649$0
Note rate6.390%7.400%
Blended rate6.390%7.640%
1st payment$2,149.49$2,274.47
2nd payment$0.00$0.00
Taxes / mo$12.00$12.00
Insurance / mo$150.00$150.00
MI / mo$0.00$65.70
HOA / mo$0.00$0.00
Total monthly$2,311.49$2,502.17
Cash to close$35,121$36,500