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$454,036$427,500
Remaining term (yrs)25.930.0
Secondary amount$0$0
Funding fee$2,270$0
Note rate6.020%7.400%
Blended rate6.020%7.640%
1st payment$2,882.74$2,959.92
2nd payment$0.00$0.00
Taxes / mo$603.02$603.02
Insurance / mo$166.67$166.67
MI / mo$0.00$85.50
HOA / mo$0.00$0.00
Total monthly$3,652.43$3,815.11
Cash to close$20,964$47,500