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$390,362$382,500
Remaining term (yrs)25.530.0
Secondary amount$0$0
Funding fee$1,952$0
Note rate3.850%7.400%
Blended rate3.850%7.640%
1st payment$1,996.98$2,648.35
2nd payment$0.00$0.00
Taxes / mo$522.58$522.58
Insurance / mo$150.00$150.00
MI / mo$0.00$76.50
HOA / mo$90.00$90.00
Total monthly$2,759.57$3,487.44
Cash to close$34,638$42,500