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$408,073$384,750
Remaining term (yrs)27.330.0
Secondary amount$0$0
Funding fee$2,040$0
Note rate6.660%7.320%
Blended rate6.660%7.560%
1st payment$2,702.25$2,642.97
2nd payment$0.00$0.00
Taxes / mo$25.07$25.07
Insurance / mo$150.00$150.00
MI / mo$0.00$76.95
HOA / mo$91.00$91.00
Total monthly$2,968.32$2,985.99
Cash to close$19,427$42,750