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$296,266$287,999
Remaining term (yrs)25.130.0
Secondary amount$0$0
Funding fee$1,481$0
Note rate2.750%7.320%
Blended rate2.750%7.560%
1st payment$1,357.30$1,978.35
2nd payment$0.00$0.00
Taxes / mo$266.67$266.67
Insurance / mo$150.00$150.00
MI / mo$0.00$57.60
HOA / mo$425.00$425.00
Total monthly$2,198.97$2,877.62
Cash to close$23,733$32,000