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$258,300$238,500
Remaining term (yrs)23.430.0
Secondary amount$0$0
Funding fee$1,291$0
Note rate3.330%7.320%
Blended rate3.330%7.560%
1st payment$1,318.75$1,638.33
2nd payment$0.00$0.00
Taxes / mo$174.50$174.50
Insurance / mo$150.00$150.00
MI / mo$0.00$47.70
HOA / mo$708.00$708.00
Total monthly$2,351.25$2,718.53
Cash to close$6,700$26,500