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$428,530$369,000
Remaining term (yrs)24.630.0
Secondary amount$0$0
Funding fee$2,143$0
Note rate2.900%7.320%
Blended rate2.900%7.560%
1st payment$2,023.76$2,534.77
2nd payment$0.00$0.00
Taxes / mo$423.33$423.33
Insurance / mo$150.00$150.00
MI / mo$0.00$73.80
HOA / mo$0.00$0.00
Total monthly$2,597.09$3,181.91
Cash to close$0$41,000