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$745,150$697,500
Remaining term (yrs)26.430.0
Secondary amount$0$0
Funding fee$3,726$0
Note rate5.840%7.400%
Blended rate5.840%7.640%
1st payment$4,605.09$4,829.35
2nd payment$0.00$0.00
Taxes / mo$436.00$436.00
Insurance / mo$216.67$216.67
MI / mo$0.00$139.50
HOA / mo$83.33$83.33
Total monthly$5,341.09$5,704.85
Cash to close$29,850$77,500