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$797,177$764,910
Remaining term (yrs)25.430.0
Secondary amount$0$0
Funding fee$3,986$0
Note rate3.450%7.400%
Blended rate3.450%7.640%
1st payment$3,920.50$5,296.08
2nd payment$0.00$0.00
Taxes / mo$347.92$347.92
Insurance / mo$216.67$216.67
MI / mo$0.00$152.98
HOA / mo$0.00$0.00
Total monthly$4,485.09$6,013.66
Cash to close$52,723$84,990