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$1,376,744$1,215,000
Remaining term (yrs)25.630.0
Secondary amount$0$0
Funding fee$6,884$0
Note rate4.670%7.320%
Blended rate4.670%7.560%
1st payment$7,666.49$8,346.21
2nd payment$0.00$0.00
Taxes / mo$1,125.00$1,125.00
Insurance / mo$216.67$216.67
MI / mo$0.00$243.00
HOA / mo$0.00$0.00
Total monthly$9,008.16$9,930.87
Cash to close$0$135,000