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$319,982$287,910
Remaining term (yrs)25.630.0
Secondary amount$0$0
Funding fee$1,600$0
Note rate5.100%7.400%
Blended rate5.100%7.640%
1st payment$1,862.13$1,993.43
2nd payment$0.00$0.00
Taxes / mo$123.83$123.83
Insurance / mo$150.00$150.00
MI / mo$0.00$57.58
HOA / mo$0.00$0.00
Total monthly$2,135.96$2,324.85
Cash to close$0$31,990