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$877,797$805,500
Remaining term (yrs)27.930.0
Secondary amount$0$0
Funding fee$4,389$0
Note rate6.350%7.320%
Blended rate6.350%7.560%
1st payment$5,588.83$5,533.23
2nd payment$0.00$0.00
Taxes / mo$550.17$550.17
Insurance / mo$216.67$216.67
MI / mo$0.00$161.10
HOA / mo$66.67$66.67
Total monthly$6,422.33$6,527.83
Cash to close$17,203$89,500