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$726,884$595,800
Remaining term (yrs)25.330.0
Secondary amount$0$0
Funding fee$3,634$0
Note rate2.900%7.400%
Blended rate2.900%7.640%
1st payment$3,371.23$4,125.20
2nd payment$0.00$0.00
Taxes / mo$191.70$191.70
Insurance / mo$166.67$166.67
MI / mo$0.00$119.16
HOA / mo$0.00$0.00
Total monthly$3,729.60$4,602.73
Cash to close$0$66,200