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$1,074,212$989,100
Remaining term (yrs)28.930.0
Secondary amount$0$0
Funding fee$5,371$0
Note rate6.500%7.320%
Blended rate6.500%7.560%
1st payment$6,859.85$6,794.43
2nd payment$0.00$0.00
Taxes / mo$915.83$915.83
Insurance / mo$216.67$216.67
MI / mo$0.00$197.82
HOA / mo$0.00$0.00
Total monthly$7,992.35$8,124.75
Cash to close$24,788$109,900