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$691,036$629,910
Remaining term (yrs)25.330.0
Secondary amount$0$0
Funding fee$3,455$0
Note rate2.900%7.400%
Blended rate2.900%7.640%
1st payment$3,204.97$4,361.37
2nd payment$0.00$0.00
Taxes / mo$337.83$337.83
Insurance / mo$166.67$166.67
MI / mo$0.00$125.98
HOA / mo$20.83$20.83
Total monthly$3,730.30$5,012.68
Cash to close$8,864$69,990