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$333,612$336,510
Remaining term (yrs)25.930.0
Secondary amount$0$0
Funding fee$1,668$0
Note rate7.230%7.400%
Blended rate7.230%7.640%
1st payment$2,371.88$2,329.93
2nd payment$0.00$0.00
Taxes / mo$105.92$105.92
Insurance / mo$150.00$150.00
MI / mo$0.00$67.30
HOA / mo$0.00$0.00
Total monthly$2,627.79$2,653.15
Cash to close$40,288$37,390