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$631,565$612,000
Remaining term (yrs)27.430.0
Secondary amount$0$0
Funding fee$3,158$0
Note rate6.690%7.320%
Blended rate6.690%7.560%
1st payment$4,190.00$4,204.02
2nd payment$0.00$0.00
Taxes / mo$566.67$566.67
Insurance / mo$166.67$166.67
MI / mo$0.00$122.40
HOA / mo$0.00$0.00
Total monthly$4,923.33$5,059.75
Cash to close$48,435$68,000