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$402,069$389,250
Remaining term (yrs)27.430.0
Secondary amount$0$0
Funding fee$2,010$0
Note rate6.770%7.320%
Blended rate6.770%7.560%
1st payment$2,685.50$2,673.88
2nd payment$0.00$0.00
Taxes / mo$360.42$360.42
Insurance / mo$150.00$150.00
MI / mo$0.00$77.85
HOA / mo$155.00$155.00
Total monthly$3,350.92$3,417.14
Cash to close$30,431$43,250