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$264,982$270,000
Remaining term (yrs)26.630.0
Secondary amount$0$0
Funding fee$1,325$0
Note rate6.340%7.320%
Blended rate6.340%7.560%
1st payment$1,716.19$1,854.71
2nd payment$0.00$0.00
Taxes / mo$40.46$40.46
Insurance / mo$150.00$150.00
MI / mo$0.00$54.00
HOA / mo$0.00$0.00
Total monthly$1,906.65$2,099.18
Cash to close$35,018$30,000