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$367,483$350,100
Remaining term (yrs)28.830.0
Secondary amount$0$0
Funding fee$1,837$0
Note rate6.500%7.400%
Blended rate6.500%7.640%
1st payment$2,351.29$2,424.02
2nd payment$0.00$0.00
Taxes / mo$68.17$68.17
Insurance / mo$150.00$150.00
MI / mo$0.00$70.02
HOA / mo$0.00$0.00
Total monthly$2,569.46$2,712.21
Cash to close$21,517$38,900