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$276,106$283,410
Remaining term (yrs)26.930.0
Secondary amount$0$0
Funding fee$1,381$0
Note rate7.090%7.320%
Blended rate7.090%7.560%
1st payment$1,913.37$1,946.83
2nd payment$0.00$0.00
Taxes / mo$262.42$262.42
Insurance / mo$150.00$150.00
MI / mo$0.00$56.68
HOA / mo$0.00$0.00
Total monthly$2,325.79$2,415.93
Cash to close$38,794$31,490