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$402,169$386,910
Remaining term (yrs)25.830.0
Secondary amount$0$0
Funding fee$2,011$0
Note rate5.700%7.400%
Blended rate5.700%7.640%
1st payment$2,477.90$2,678.89
2nd payment$0.00$0.00
Taxes / mo$207.39$207.39
Insurance / mo$150.00$150.00
MI / mo$0.00$77.38
HOA / mo$33.00$33.00
Total monthly$2,868.29$3,146.66
Cash to close$27,731$42,990