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$283,402$277,200
Remaining term (yrs)25.930.0
Secondary amount$0$0
Funding fee$1,417$0
Note rate5.130%7.320%
Blended rate5.130%7.560%
1st payment$1,644.11$1,904.17
2nd payment$0.00$0.00
Taxes / mo$187.25$187.25
Insurance / mo$150.00$150.00
MI / mo$0.00$55.44
HOA / mo$30.00$30.00
Total monthly$2,011.36$2,326.86
Cash to close$24,598$30,800