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$541,530$517,500
Remaining term (yrs)25.630.0
Secondary amount$0$0
Funding fee$2,708$0
Note rate4.720%7.400%
Blended rate4.720%7.640%
1st payment$3,031.19$3,583.07
2nd payment$0.00$0.00
Taxes / mo$317.50$317.50
Insurance / mo$166.67$166.67
MI / mo$0.00$103.50
HOA / mo$15.00$15.00
Total monthly$3,530.35$4,185.73
Cash to close$33,470$57,500