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$354,730$359,100
Remaining term (yrs)25.230.0
Secondary amount$0$0
Funding fee$1,774$0
Note rate3.070%7.400%
Blended rate3.070%7.640%
1st payment$1,680.29$2,486.34
2nd payment$0.00$0.00
Taxes / mo$332.50$332.50
Insurance / mo$150.00$150.00
MI / mo$0.00$71.82
HOA / mo$15.83$15.83
Total monthly$2,178.62$3,056.49
Cash to close$44,270$39,900