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$416,002$392,850
Remaining term (yrs)25.630.0
Secondary amount$0$0
Funding fee$2,080$0
Note rate5.270%7.400%
Blended rate5.270%7.640%
1st payment$2,462.82$2,720.01
2nd payment$0.00$0.00
Taxes / mo$345.33$345.33
Insurance / mo$150.00$150.00
MI / mo$0.00$78.57
HOA / mo$0.00$0.00
Total monthly$2,958.16$3,293.92
Cash to close$20,498$43,650