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$371,714$348,300
Remaining term (yrs)24.730.0
Secondary amount$0$0
Funding fee$1,859$0
Note rate2.960%7.400%
Blended rate2.960%7.640%
1st payment$1,762.95$2,411.56
2nd payment$0.00$0.00
Taxes / mo$322.50$322.50
Insurance / mo$150.00$150.00
MI / mo$0.00$69.66
HOA / mo$0.00$0.00
Total monthly$2,235.45$2,953.72
Cash to close$15,286$38,700