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$372,185$350,100
Remaining term (yrs)25.830.0
Secondary amount$0$0
Funding fee$1,861$0
Note rate5.520%7.400%
Blended rate5.520%7.640%
1st payment$2,252.56$2,424.02
2nd payment$0.00$0.00
Taxes / mo$766.15$766.15
Insurance / mo$150.00$150.00
MI / mo$0.00$70.02
HOA / mo$0.00$0.00
Total monthly$3,168.70$3,410.19
Cash to close$16,815$38,900