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$436,922$431,100
Remaining term (yrs)26.530.0
Secondary amount$0$0
Funding fee$2,185$0
Note rate6.390%7.320%
Blended rate6.390%7.560%
1st payment$2,846.98$2,961.36
2nd payment$0.00$0.00
Taxes / mo$616.50$616.50
Insurance / mo$166.67$166.67
MI / mo$0.00$86.22
HOA / mo$0.00$0.00
Total monthly$3,630.15$3,830.74
Cash to close$42,078$47,900