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$810,242$774,000
Remaining term (yrs)26.230.0
Secondary amount$0$0
Funding fee$4,051$0
Note rate6.330%7.400%
Blended rate6.330%7.640%
1st payment$5,274.37$5,359.02
2nd payment$0.00$0.00
Taxes / mo$332.81$332.81
Insurance / mo$216.67$216.67
MI / mo$0.00$154.80
HOA / mo$66.67$66.67
Total monthly$5,890.51$6,129.96
Cash to close$49,758$86,000