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$339,343$326,610
Remaining term (yrs)28.430.0
Secondary amount$0$0
Funding fee$1,697$0
Note rate6.960%7.400%
Blended rate6.960%7.640%
1st payment$2,284.24$2,261.38
2nd payment$0.00$0.00
Taxes / mo$179.83$179.83
Insurance / mo$150.00$150.00
MI / mo$0.00$65.32
HOA / mo$8.67$8.67
Total monthly$2,622.75$2,665.21
Cash to close$23,557$36,290