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$670,963$647,100
Remaining term (yrs)27.430.0
Secondary amount$0$0
Funding fee$3,355$0
Note rate6.640%7.400%
Blended rate6.640%7.640%
1st payment$4,424.99$4,480.39
2nd payment$0.00$0.00
Taxes / mo$43.17$43.17
Insurance / mo$216.67$216.67
MI / mo$0.00$129.42
HOA / mo$151.00$151.00
Total monthly$4,835.82$5,020.64
Cash to close$48,037$71,900