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$321,874$328,500
Remaining term (yrs)25.930.0
Secondary amount$0$0
Funding fee$1,609$0
Note rate5.510%7.320%
Blended rate5.510%7.560%
1st payment$1,943.30$2,256.57
2nd payment$0.00$0.00
Taxes / mo$208.42$208.42
Insurance / mo$150.00$150.00
MI / mo$0.00$65.70
HOA / mo$30.00$30.00
Total monthly$2,331.72$2,710.68
Cash to close$43,126$36,500