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$718,791$690,300
Remaining term (yrs)28.530.0
Secondary amount$0$0
Funding fee$3,594$0
Note rate6.640%7.400%
Blended rate6.640%7.640%
1st payment$4,682.85$4,779.50
2nd payment$0.00$0.00
Taxes / mo$276.33$276.33
Insurance / mo$216.67$216.67
MI / mo$0.00$138.06
HOA / mo$0.00$0.00
Total monthly$5,175.85$5,410.56
Cash to close$48,209$76,700