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$384,521$386,100
Remaining term (yrs)25.630.0
Secondary amount$0$0
Funding fee$1,923$0
Note rate4.670%7.400%
Blended rate4.670%7.640%
1st payment$2,141.23$2,673.28
2nd payment$0.00$0.00
Taxes / mo$353.25$353.25
Insurance / mo$150.00$150.00
MI / mo$0.00$77.22
HOA / mo$0.00$0.00
Total monthly$2,644.48$3,253.75
Cash to close$44,479$42,900