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$560,638$521,820
Remaining term (yrs)28.030.0
Secondary amount$0$0
Funding fee$2,803$0
Note rate6.500%7.400%
Blended rate6.500%7.640%
1st payment$3,619.85$3,612.98
2nd payment$0.00$0.00
Taxes / mo$483.17$483.17
Insurance / mo$166.67$166.67
MI / mo$0.00$104.36
HOA / mo$0.00$0.00
Total monthly$4,269.69$4,367.17
Cash to close$19,162$57,980