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
Assumable Loan + Second
Assumable · VA
Current Market Conventional
New · Conventional
Loan amount$0$0$719,910
Remaining term (yrs)22.422.430.0
Secondary amount$0$719,910$0
Funding fee$0$0$0
Note rate3.000%3.000%7.400%
Blended rate3.000%7.750%7.640%
1st payment$0.00$0.00$4,984.51
2nd payment$0.00$4,649.42$0.00
Taxes / mo$666.58$666.58$666.58
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$143.98
HOA / mo$685.00$685.00$685.00
Total monthly$1,568.25$6,217.67$6,696.74
Cash to close$799,900$79,990$79,990