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$369,539$339,413
Remaining term (yrs)25.330.0
Secondary amount$0$0
Funding fee$1,848$0
Note rate3.050%7.320%
Blended rate3.050%7.560%
1st payment$1,742.77$2,331.53
2nd payment$0.00$0.00
Taxes / mo$135.94$135.94
Insurance / mo$150.00$150.00
MI / mo$0.00$67.88
HOA / mo$0.00$0.00
Total monthly$2,028.71$2,685.36
Cash to close$7,586$37,713