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$510,111$486,000
Remaining term (yrs)28.030.0
Secondary amount$0$0
Funding fee$2,551$0
Note rate6.080%7.400%
Blended rate6.080%7.640%
1st payment$3,160.03$3,364.97
2nd payment$0.00$0.00
Taxes / mo$385.25$385.25
Insurance / mo$166.67$166.67
MI / mo$0.00$97.20
HOA / mo$0.00$0.00
Total monthly$3,711.95$4,014.08
Cash to close$29,889$54,000