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$362,639$359,100
Remaining term (yrs)25.430.0
Secondary amount$0$0
Funding fee$1,813$0
Note rate3.560%7.320%
Blended rate3.560%7.560%
1st payment$1,804.94$2,466.77
2nd payment$0.00$0.00
Taxes / mo$128.00$128.00
Insurance / mo$150.00$150.00
MI / mo$0.00$71.82
HOA / mo$0.00$0.00
Total monthly$2,082.94$2,816.59
Cash to close$36,361$39,900