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$104,704$89,910
Remaining term (yrs)21.630.0
Secondary amount$0$0
Funding fee$524$0
Note rate4.600%7.400%
Blended rate4.600%7.640%
1st payment$635.47$622.52
2nd payment$0.00$0.00
Taxes / mo$106.17$106.17
Insurance / mo$150.00$150.00
MI / mo$0.00$17.98
HOA / mo$229.00$229.00
Total monthly$1,120.64$1,125.67
Cash to close$0$9,990