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$325,923$314,100
Remaining term (yrs)28.430.0
Secondary amount$0$0
Funding fee$1,630$0
Note rate6.760%7.400%
Blended rate6.760%7.640%
1st payment$2,151.01$2,174.76
2nd payment$0.00$0.00
Taxes / mo$20.67$20.67
Insurance / mo$150.00$150.00
MI / mo$0.00$62.82
HOA / mo$350.00$350.00
Total monthly$2,671.67$2,758.25
Cash to close$23,077$34,900