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$363,669$341,100
Remaining term (yrs)27.930.0
Secondary amount$0$0
Funding fee$1,818$0
Note rate6.500%7.400%
Blended rate6.500%7.640%
1st payment$2,350.53$2,361.71
2nd payment$0.00$0.00
Taxes / mo$315.83$315.83
Insurance / mo$150.00$150.00
MI / mo$0.00$68.22
HOA / mo$0.00$0.00
Total monthly$2,816.37$2,895.76
Cash to close$15,331$37,900