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$609,664$589,500
Remaining term (yrs)25.830.0
Secondary amount$0$0
Funding fee$3,048$0
Note rate5.700%7.400%
Blended rate5.700%7.640%
1st payment$3,756.35$4,081.58
2nd payment$0.00$0.00
Taxes / mo$168.17$168.17
Insurance / mo$166.67$166.67
MI / mo$0.00$117.90
HOA / mo$17.00$17.00
Total monthly$4,108.18$4,551.31
Cash to close$45,336$65,500