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$148,330$148,050
Remaining term (yrs)25.930.0
Secondary amount$0$0
Funding fee$742$0
Note rate5.540%7.400%
Blended rate5.540%7.640%
1st payment$898.22$1,025.07
2nd payment$0.00$0.00
Taxes / mo$198.25$198.25
Insurance / mo$150.00$150.00
MI / mo$0.00$29.61
HOA / mo$0.00$0.00
Total monthly$1,246.47$1,402.93
Cash to close$16,170$16,450